Brazil has solidified its tax framework concerning player prizes and winnings within its burgeoning betting market. The Federal Revenue Service (RFB) of Brazil has officially outlined its stance on personal income tax (IRPF) applicable to “net prizes” acquired through betting, lotteries, and online gambling. In line with expectations, the RFB has endorsed the government’s decision
Casino News
The Chilean gaming board (SJC) has given the green light for a casino license to be awarded to Casino Patagonia S.A. in the municipality of Natales, situated in the Magallanes Region, the southernmost part of Chile. This marks the third attempt at securing the license, following two previously unsuccessful bids. Regulatory approval process: The authorization
Farmers Branch City Council delivered a blow to the aspirations of poker luminary Doug Polk and the gaming community by rejecting an ordinance aimed at legalizing card rooms within the city limits. With a decisive 4-1 vote against the proposal, hopes for Texas’ largest card room, envisioned by Polk, were dashed on Tuesday evening. Disappointment
Hospitality workers at Virgin Hotels in Las Vegas are gearing up for a two-day strike as contract negotiations with their employer stall, according to union officials. Culinary Local 226 members are the only workers along the resort corridor yet to reach an agreement with their employer. Negotiations stalled, strike imminent: While most downtown and off-Strip
Games Global has inked an exclusive partnership with UFC, the premier mixed martial arts organization worldwide, to create branded slot content inspired by the renowned sports brand. Over the next three years, Games Global will roll out distinctive UFC-themed slot titles, with the initial release set for a global debut in July following an exclusive
In the realm of online gaming legislation, New York Senator Joseph Addabbo is recalibrating his approach. Faced with the challenge of garnering support for a comprehensive bill encompassing iGaming, online poker, and iLottery in 2023, Addabbo has pivoted to a more focused strategy with his latest proposal. Addabbo’s earlier endeavor, SB8185 introduced in 2024, aimed
Former Strip casino president Scott Sibella has avoided prison time but will be on probation for a year after being sentenced on Wednesday following his guilty plea for violating the Bank Secrecy Act. U.S. District Judge Dolly Gee, based in Los Angeles, also fined Sibella $9,500 for actions he took as president of the MGM
Casino equipment and online games provider Light & Wonder Inc(L&W) reported a notable surge in first-quarter revenue, reaching US$756 million, marking a 12.8% increase from the previous year. Although the latest quarterly revenue experienced a slight dip of 1.8% sequentially, the company expressed satisfaction with its performance, as stated in a Wednesday press release. Robust
Hacksaw Gaming, a leading provider of casino equipment and online games, is thrilled to announce its latest venture in Croatia. This collaboration marks the beginning of an exciting partnership with Hrvatska Lutrija, the country’s national lottery. Exciting game titles now available: Popular titles such as Chaos Crew, Wanted Dead or a Wild, Hand of Anubis, and RIP City are now
The landscape of recreational sports gambling continues to evolve, firmly establishing itself as a mainstream aspect of sports fandom alongside iconic traditions such as NCAA tournament brackets and fantasy sports leagues. Major League Baseball (MLB), in particular, finds itself navigating this evolving terrain, seeking to balance fan engagement with maintaining the integrity of the sport.
EveryMatrix announces its inaugural exclusive content aggregation partnership in the United States with Supremeland Gaming, Inc. The collaboration marks a significant milestone for both parties, aiming to revolutionize the gaming landscape on DraftKings and beyond. Empowering exclusive content development: Under the partnership, Supremeland Gaming, operating through its American-based game studio Powderkeg, will leverage EveryMatrix technology
High above Nitropolis, the wily Pug Thugs strategize for their ultimate showdown. With their blimp looming overhead, they meticulously plan their every move, leaving no stone unturned. The time has come to get “Back to Work” in this thrilling slot adventure that ELK Studios prepared. Introducing Pug Thugs of Nitropolis: ELK Studios’ Pug Thugs of Nitropolis is a
Hub88, a prominent player in the gaming industry, has solidified an exclusive partnership with Stake.com, marking a significant milestone in the realm of crypto gaming. The collaboration signifies a strategic move for both entities, with Stake.com positioning Hub88 as its sole aggregation partner, enhancing its repertoire with a diverse range of gaming content sourced from
Red Rock Resorts has announced stellar first-quarter earnings, buoyed by the recent inauguration of the Durango Casino & Resort in southwest Las Vegas. During the earnings call, Stephen Cootey, Executive Vice President and Chief Financial Officer, highlighted the company’s robust revenue and adjusted earnings alongside near-record adjusted EBITDA margins. Cootey expressed satisfaction with the initial
Wynn Macau celebrated a remarkable surge in its operating revenues during the initial quarter of the year, witnessing an astounding 66.4 percent increase compared to the previous year. This surge propelled its operating revenues to nearly $1 billion, significantly outpacing its other segments. Cotai Strip’s phenomenal rise: The company’s latest financial results unveiled operating revenues
The Arkansas Racing Commission has taken a significant step in the state’s gaming landscape by voting to extend the application period for the final casino license in Pope County. The long journey towards the Pope County license: During Monday’s meeting, commissioners announced the commencement of a 30-day application period, inviting submissions for the coveted Pope
The recent period has proven to be exhilarating for Nolimit City, marked by the release of popular slot games like Land of the Free, D-Day, and Fire in the Hole 2. Now, the excitement reaches new heights with the highly anticipated launch of Kenneth Must Die, a slot that has been meticulously crafted over the
Paf, the renowned gaming entity, has announced a significant adjustment to its loss limit policy, specifically targeting young players. This decision reflects the company’s ongoing commitment to promoting responsible gaming practices, with a particular emphasis on safeguarding the interests of its youthful clientele. The implementation of mandatory loss limits serves as a crucial mechanism in
Efforts to bring a new casino to the vicinity of the Lake of the Ozarks have taken a significant step forward as backers submitted signatures for a potential ballot slot in Missouri later this year. The Osage River Gaming & Convention committee announced the submission of over 320,000 signatures, aiming to meet the requisite threshold
Pragmatic Play, a renowned content provider in the iGaming sector, has inked yet another significant deal in Latin America, this time joining forces with prominent operator bplay to solidify its foothold in Brazil’s burgeoning gaming market. Enhanced offerings for Brazilian players: The integration of Pragmatic Play’s acclaimed gaming suite into bplay’s platform opens doors for