Brazil's Ministry of Finance recently launched a draft proposal for sports betting tax reform, which has stirred up a lot of controversy. The core of the proposal is to unify the currently varying state tax rates of 18% to 27% into a dual-layer structure of federal collection of 12% + local collecti
EveryMatrix, a global leader in B2B gambling technology, recently announced its membership in CIBELAE (Ibero-American Association of Lotteries and Betting), a regional branch of the World Lottery Association for Spanish and Portuguese-speaking regions, representing 80 countries across Latin America,
In the second quarter of 2024, the online platform revenue of the Portuguese gambling market improved, but the revenue from physical operations declined compared to the same period last year.The national gambling regulatory authority, Serviço de Regulação e Inspeção de Jogos, reported that the total
According to the American Gaming Association (AGA) Commercial Gaming Revenue Tracker, the U.S. commercial gaming industry has set a new milestone, with revenues reaching $17.63 billion in the second quarter of 2024. This performance represents the 14th consecutive quarter of year-over-year growth, s
The American Gaming Association (AGA) reports that the commercial gaming revenue in the United States reached $17.63 billion in the second quarter of this year. This marks the 14th consecutive quarter of revenue growth for the industry and the best second-quarter performance to date.Nationally, 24 j
The Philippine Amusement and Gaming Corporation (PAGCOR) said tax reductions are still possible for the online and brick-and-mortar industries, depending on their performance. PAGCOR Chairman Alejandro H. Tengco promised that the tax rate for online operators will be reduced by 30% by
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