Kenya Eyes Major Bet Tax Surge as New Transaction-Based Measures Take Effect

Kenya Eyes Major Bet Tax Surge as New Transaction-Based Measures Take Effect

Key Moments: Kenya projects its annual betting tax collections to rise from Sh5.4 billion ($41.8 million) to Sh11.4 billion ($88.3 million) in the 2025/2026 financial year. The Finance Act 2025 reduced excise and withholding taxes on betting transactions to 5%, shifting the tax base to deposits and withdrawals. KRA has reported a 22% growth in betting tax receipts, reaching Sh5.7 billion for the fiscal year ending 30 June 2025, aided by real-time oversight systems. Taxation Overhaul Drives Revenue Growth Kenya has set the stage for a substantial increase in betting-related…

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Stakelogic Bolsters UK Influence with DragonBet Alliance and Spin to Win Feature

Stakelogic Bolsters UK Influence with DragonBet Alliance and Spin to Win Feature

Key Moments: On 14 October 2025, Stakelogic completed integration with DragonBet via Relax Gaming. DragonBet added Stakelogic’s entire slot collection, including recent releases like Wrath of Zeus ClusterBreaker and Kraken’s Catch. The Spin to Win™ feature brought progressive live jackpot experiences to DragonBet players. Comprehensive Slot Portfolio Joins DragonBet Stakelogic has advanced its position in the UK iGaming sector through a significant partnership with DragonBet, integrating its entire range of slots through Relax Gaming. This collaboration grants DragonBet customers access to Stakelogic’s extensive game portfolio, enriching its casino offerings with…

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SOFTSWISS to Lead Industry Insights at 2026 iGaming Trends Marathon

SOFTSWISS to Lead Industry Insights at 2026 iGaming Trends Marathon

Key Moments: SOFTSWISS will present four hours of future-focused iGaming discussion at the SiGMA Central Europe Summit on 5 November 2025. The 2026 iGaming Trends Report is set to be publicly unveiled for the first time during the Marathon event. Industry leaders, including Ivan Montik, Heathcliff Farrugia, and Pierre Lindh, are scheduled to participate in keynote talks and panels. Marathon Event Overview SOFTSWISS will host a comprehensive four-hour program, the 2026 iGaming Trends Marathon, at the SiGMA Central Europe Summit. Scheduled for 5 November 2025 from 12:00 to 16:00, the…

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Regulatory Upheaval Strikes Curaçao’s Gaming Sector as Prime Minister Steps In

Regulatory Upheaval Strikes Curaçao’s Gaming Sector as Prime Minister Steps In

Key Moments: The entire supervisory board of the Curaçao Gaming Authority resigned in mid-September, leaving the regulator without oversight. Prime Minister Gilmar Pisas has assumed direct supervision of the CGA following the mass resignation, while no board replacements have been announced. Recent reforms intended to strengthen gaming regulation in Curaçao have faced repeated setbacks and are now in uncertain territory. Leadership Vacuum at the Curaçao Gaming Authority Prime Minister Gilmar Pisas has reportedly taken over direct control of the Curaçao Gaming Authority (CGA) after the entire supervisory board resigned abruptly…

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REEVO Partners with Shuffle Up to Expand Global Gaming Reach

REEVO Partners with Shuffle Up to Expand Global Gaming Reach

Key Moments: REEVO has integrated its exclusive casino games onto Shuffle Up’s multi-brand platform The partnership is designed to support Shuffle Up’s expansion across regulated markets This collaboration furthers REEVO’s strategy to establish itself as a leading aggregation hub Collaborative Expansion Strategy Recently, REEVO has entered into a new strategic alliance with Shuffle Up, an emerging entity in the online gaming landscape. As a result of this partnership, REEVO’s proprietary casino titles are now accessible through Shuffle Up’s multi-brand platform, aiming to deliver high-quality and high-performance content to a broader…

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Penn Sports Interactive Faces Penalty for ESPN Host Commentary

Penn Sports Interactive Faces Penalty for ESPN Host Commentary

Key Moments: Penn Sports Interactive has been fined $15,000 by the Massachusetts Gaming Commission. The penalty followed comments by ESPN host Rece Davis during College GameDay in March 2024. The MGC cited policies against misleading advertising and marketing within sports betting promotions. Details of the Fine The Massachusetts Gaming Commission (MGC) imposed a $15,000 penalty on Penn Sports Interactive after ESPN host Rece Davis described a sports bet as a “risk-free investment” during the firm’s College GameDay in March 2024. The comment came as Davis discussed betting opportunities with sports…

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Santa Catarina Sets New Lottery Benchmark with Over R$155 Million in Payouts

Santa Catarina Sets New Lottery Benchmark with Over R$155 Million in Payouts

Key Moments: Santa Catarina winners received more than R$155.9 million from Loterias Caixa in 2025 Mega-Sena drove major payouts, including a record R$52 million prize for a Concórdia group Unclaimed prizes amounting to over R$250 million were directed to Brazil’s higher education loan fund as of August 2025 Extensive Lottery Wins Spread Across Santa Catarina In 2025, Santa Catarina emerged as Brazil’s “lucky state,” with data from Loterias Caixa showing that 91 winners from 51 cities shared a combined R$155.9 million. These payouts reached communities across the region, from Itapiranga…

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Genting Berhad Unveils $1.6 Billion Offer to Take Full Control of Genting Malaysia

Genting Berhad Unveils $1.6 Billion Offer to Take Full Control of Genting Malaysia

Key Moments: Genting Berhad has announced an RM6.74 billion ($1.6 billion) cash offer to acquire all outstanding shares of Genting Malaysia Bhd. Genting’s proposal values Genting Malaysia at a premium of up to 22.9 percent over its six-month average share price. The transaction is set to close by the end of 2025, pending regulatory approval from the Securities Commission Malaysia. Details of the Acquisition Proposal Genting Berhad has put forward a conditional voluntary cash offer totaling RM6.74 billion ($1.6 billion) to acquire the remaining equity in Genting Malaysia Bhd that…

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Mexican Business Leaders Push Back Against Planned Online Gambling Tax Hike

Mexican Business Leaders Push Back Against Planned Online Gambling Tax Hike

Key Moments: Private sector representatives have voiced strong opposition to the proposed increase in ad valorem duty on internet gaming from 30% to 50%. Industry stakeholders cautioned lawmakers that raising the tax could expand unregulated gambling and reduce legal sector employment and investment. The Finance Committee is expected to begin review of the 2026 economic package, including this proposal, next week. Business Community Raises Concerns Over Tax Proposal The government’s proposal to elevate the ad valorem tax rate on online gambling from 30% to 50% has triggered a wave of…

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Macau Casino Groups Rally With US$15 Million Backing for Annual Grand Prix

Macau Casino Groups Rally With US$15 Million Backing for Annual Grand Prix

Key Moments: Six casino operators have jointly pledged MOP120 million (US$15 million) to sponsor the Macau Grand Prix in November Each operator is contributing MOP20 million, collectively funding a significant part of the event’s MOP240 million budget Casino investments in non-gaming projects have increased, aligning with government strategies for economic diversification Unified Industry Support for Major Sporting Event Macau’s six leading casino operators have combined resources, pledging MOP120 million (equivalent to US$15 million) as sponsorship for this year’s Macau Grand Prix, scheduled for November. Galaxy Entertainment Group, Melco Resorts &…

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