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Philippines gross gaming revenue to exceed $5 billion in 2023 Market analysisThe gross gaming revenue of the Philippines by the end of 2023 will be from 5.2 billion US dollars (293 billion Philippine pesos) to 5.9 billion US dollars (332 billion Philippine pesos). This forecast was made by analysts of the consulting company GCG Gaming Advisory Services Pty. Ltd.August 22, 2023
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Bill to ban celebrities from advertising gambling drafted in Brazil Regulation BrazilBrazil has drafted a bill to ban celebrities and influencers from advertising gambling. Deputy Ricardo Aires became the author of the document presented last week in Congress.August 21, 2023
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Ghana introduced new tax on gambling winnings Regulation GhanaA new tax on gambling winnings has come into force in Ghana. Since August 15, the African state is levying a tax of 10% on all gross winnings from sports betting, gambling and lotteries.August 20, 2023
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Sports betting will be legal in Kentucky on September 7 RegulationIn the US state of Kentucky, sports betting will become legal from September 7, 2023. The relevant law was adopted recently by the Legislative Assembly of the state.August 19, 2023
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New Jersey's gambling revenue grew by 5% in July 2023 Market analysisGross gaming revenue (GGR) of casinos, racetracks and online operators in the US state of New Jersey reached $506.2 million in July 2023. This is reported in the monthly report of the New Jersey Division of Gaming Enforcement (DGE), published the other day.August 18, 2023
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US gambling revenue tops $16 billion in Q2 2023 Market analysisCommercial revenue from land-based slots, table games and bookmakers, and online betting made in the US in the second quarter of 2023 was $16.07 billion. This follows from the August 16 report published by the American Gaming Association (AGA), which provides data for 34 states and the District of Columbia.August 17, 2023
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Tender for research on gambling advertising announced in Germany Regulation EuropeIn Germany, a tender has been launched for the study "Gaming advertising on television and on the Internet in the field of the conflict between channeling and addiction prevention" . The corresponding announcement was made by the new German federal gambling regulator, Gemeinsamen Glücksspielbehörde der Länder (GGL).August 16, 2023
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PAGCOR casinos to be sold in 2025 Regulation PhilippinesThe Philippine Entertainment and Gaming Corporation (PAGCOR) intends to privatize 45 of its casinos by the third quarter of 2025. This was stated by the head of PAGCOR Alejandro Tengko during his speech in the House of Representatives, where the national budget was discussed.August 15, 2023
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Tender for a land plot for a casino-hotel announced in Uruguay Regulation Latin AmericaA tender for a land plot for a casino-hotel has been announced in Uruguay, writes local publication El Observador. The corresponding order was signed the other day by the President of the country Luis Lacalle Pou. Signatures under the document also put the ministers of tourism, economy and finance, as well as transportation and public works.August 14, 2023
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The Paraguayan Association of Entertainment and Gaming (APEJ) established Latin America RegulationThe Paraguayan Association of Entertainment and Gaming (APEJ) has been established in a Latin American country. This was recently announced by local gambling operators.August 13, 2023