The Sri Lankan government has introduced a series of fiscal measures in its 2025 budget, including higher levies on casinos. The move comes as the country seeks to boost revenue and stabilize its economy following years of financial difficulties, including an international debt default in 2022. One of the key changes announced is an
Industry
Singapore’s Marina Bay Sands (MBS) has secured a S$12 billion ($9 billion) multi-tranche loan, the largest syndicated loan in Singapore’s history, to refinance existing debt and fund an expansion of its casino resort, reports Bloomberg. The loan, coordinated by DBS Group Holdings, Malayan Banking (Maybank), Oversea-Chinese Banking Corp (OCBC), and United Overseas Bank (UOB), saw participation
The Welsh government has announced plans to ban greyhound racing “as soon as practically possible,” making Wales the first UK nation to prohibit the sport. Deputy First Minister Huw Irranca-Davies confirmed the decision on Tuesday, citing concerns over animal welfare. While no official timeline has been set, he suggested that the ban could be implemented
The UK Gambling Commission has raised concerns over inadequate anti-money laundering (AML) practices in the betting sector, warning that operators are failing to properly scrutinize customer data and financial transactions. John Pierce, the Commission’s enforcement director, outlined these risks at the Gambling Anti-Money Laundering Group Training Day on Feb. 12, highlighting ineffective customer monitoring
South Australia has launched a new advertising campaign aimed at helping people recognize and address gambling harm early. The ‘Spot the Harm. Stop the Harm.’ campaign uses TV, radio, and online ads to highlight the impacts of problem gambling, featuring personal stories from problem gamblers and those affected by their behavior. The campaign highlights some of
iGaming content provider Pragmatic Play has expanded its footprint in the Latin American market after signing a new partnership with Casinuu. The deal will see Pragmatic Play integrate its portfolio of Slots, Live Casino, and Virtual Sports offerings onto Casinuu’s platform. Casinuu’s customers will now gain access to some of Pragmatic Play’s most popular titles, including
Oregon sports bettors set a new record during this year’s Super Bowl, wagering a total of $8.26 million through the Oregon Lottery’s DraftKings Sportsbook. More than 456,000 bets were placed, with the average wager at $18.11. “This Super Bowl generated more than $2.8 million in revenue for Oregon, the most for a single sports event since
Washington’s Lottery has achieved the highest level of responsible gambling certification in the U.S., becoming one of only a few states to achieve this milestone. The “Responsible Gambling Verification Best Practices at the Sustaining Level” certification was awarded in December 2024 by the National Council on Problem Gambling (NCPG) and the North American Association of
iGaming solutions provider EGT Digital will showcase its products at the upcoming SiGMA Eurasia, set to take place in Dubai next week, February 24 – 25. “SIGMA Eurasia 2025 is the next highly anticipated event where EGT Digital will showcase its innovative products,” the company announced. For the second consecutive year, the Bulgarian provider will
A bipartisan effort to repeal the 0.25% federal excise tax on legal sports betting, commonly known as the “handle tax,” has been reintroduced in Congress. Representatives Dina Titus (D-NV) and Guy Reschenthaler (R-PA), co-chairs of the Congressional Gaming Caucus, unveiled the Discriminatory Gaming Tax Repeal Act of 2025 on Tuesday, marking their fourth attempt to
Gaming technology company Light & Wonder has signed a definitive agreement to acquire the charitable gaming assets of Grover Gaming for up to $1.05 billion, expanding its presence into the fast-growing charitable gaming market. The all-cash deal includes an $850 million upfront payment and a potential $200 million earn-out over four years. The transaction,
New South Wales (NSW) liquor and gaming regulators are seeking public feedback on proposed measures to curb gambling harm, including the introduction of facial recognition technology and a third-party exclusion scheme at gambling venues. The proposals, which will be open for consultation from February 17 to March 14, aim to help identify and exclude problematic
The Palace Bingo & Sport Bets Casino in Mexico City has partnered with Zitro, bringing the brand-new CONCEPT cabinet line to their Insurgentes venue courtesy of the Mexican group Palacio de los Números. According to Zitro, the new CONCEPT cabinets stand out for their ergonomic design, comfort, and light show that synchronizes with gameplay. Meanwhile, the
B2B provider of gaming content and solutions Inspired Entertainment has launched 20p Boost Roulette, the latest addition to its 20p Roulette series. The new title is now available in the UK LBO and B3 markets. 20p Boost Roulette builds on previous elements of the 20p Roulette series while adding new features. The Spin Bar and
Global bookmaker 1xBet has been shortlisted for the international SiGMA Eurasia Awards 2025 in the following categories: Best Operator 2025, Best Crypto Operator 2025, and Best Sports Operator 2025. The company stated that it has long held “leading positions” in the iGaming industry and with the recent nominations, the brand’s activities have been “once again
Casino Guru is issuing a final call to industry professionals and stakeholders to submit nominations for select categories in the 3rd annual Casino Guru Awards 2025. The countdown is on, as only 10 days remain, with the nomination window closing on February 28. The awards seek to celebrate excellence in transparency, social responsibility, innovation, and ethical
Fontainebleau Las Vegas has announced the addition of two high-ranking executives to its leadership team as the megaresort looks to cement its presence in the competitive Las Vegas market. David Willis has been appointed as Chief Strategy Officer, while Kevin Sweet will serve as Senior Vice President of Slot Marketing and Operations, the company confirmed Monday.
Hong Kong-listed International Entertainment Corp (IEC) has announced a PHP1.47-billion ($25.5 million) renovation project for its New Coast Hotel Manila, aimed at upgrading hotel facilities and expanding casino operations. The company’s Philippine-based subsidiary, New Coast Leisure Inc., signed a construction contract with Kimberland Construction Inc. on February 14. The project will involve interior redesign,
Last month, Barcelona was the venue for the new edition of ICE, in its first showcase outside London. From the 20th to the 22nd, the main players of the gaming industry gathered in a historic event that broke attendance records. Reflecting on the best moments of the summit, Yogonet had an exclusive interview with Victor
In his latest analysis, iGaming industry consultant Ron Mendelson, Fast Offshore, explores the common challenges faced when applying for a license in Curacao and shares practical strategies to overcome them. Setting up an online gaming business is exciting, but obtaining a gaming license is one of the most important and challenging steps. Curacao is a