Author: Maisie Morrison

TLDR Rwanda has licensed Betway, ElephantBet and ForteBet to operate in the country The approvals follow a licensing freeze that started in 2024 Gambling revenue tax jumped from 13% to 40% under the new rules Tax on player winnings rose from 15% to 25% Betway and ForteBet can offer sports betting and casino games, while ElephantBet is approved for sports betting only Rwanda has granted new gambling licenses to three operators as part of an ongoing effort to rebuild its betting industry. The Rwanda Development Board, working through the National Lottery and Gambling Commission, approved Betway, ElephantBet and ForteBet. The…

TLDR Pennsylvania’s total gambling revenue reached $7 billion for fiscal year 2025/26 Online gambling (iGaming) revenue hit $2.93 billion, beating casino floor revenue for the first time Sports betting revenue climbed to $662.9 million, up nearly 36% from last year State tax revenue from gambling set a record at $3.1 billion Slot machines held steady, while table games and fantasy sports revenue both declined Pennsylvania’s gambling industry reported total revenue of just over $7 billion for fiscal year 2025/26. The Pennsylvania Gaming Control Board released the figures this week, marking a record high for the state. Revenue came from six…

TLDR Ireland’s gambling regulator, GRAI, told Polymarket and Kalshi to block Irish users or face High Court enforcement. Both platforms added Ireland to their restricted jurisdictions as of July 21. The move follows similar bans in France, Czechia, and several Canadian provinces. France ordered internet providers to block Polymarket entirely, citing addictive features and no self-exclusion tools. Irish officials have also raised concerns about suspicious bets and possible money laundering on prediction markets. Ireland’s gambling regulator has told prediction market platforms to block access for Irish users or face legal action. The Gambling Regulatory Authority of Ireland, known as GRAI,…

TLDR Commercial gaming revenue hit a record $7.06 billion in May, up 4.6% year over year. Tribal gaming reported record fiscal year 2025 revenue of $46.2 billion, up 5.3%. The American Gaming Association says prediction markets have cost states more than $1.21 billion in tax revenue. Tribes have filed lawsuits against operators like Kalshi over exclusivity agreements. Prediction markets captured about 27% of comparable World Cup betting activity, up from 9% earlier in the year. The U.S. gaming industry is reporting record revenue at the same time trade groups and tribal organizations are warning that prediction markets could hurt their…

TLDR Mozambique’s Council of Ministers approved a new regulation for online gambling, separating it from land-based casino rules. The framework treats digital gambling as its own independent category for the first time. Casino tax revenue fell short of government targets in 2025, partly blamed on the rise of online betting. Mozambique already requires large capital investments from land-based casino operators in cities like Maputo and Beira. The gambling framework follows new rules limiting unwanted SMS marketing from betting companies. Mozambique has passed its first standalone law for online gambling. The Council of Ministers approved the new regulation during a weekly…

TLDR Brazilian betting industry experts spoke about the sector’s economic and social impact during ongoing congressional debates. A new measure will gradually raise the share of betting tax revenue sent to the Federal Police Activities Equipment and Operations Fund, reaching 3% by 2028. The legal betting sector has added more than 10,000 direct jobs and 5,500 indirect jobs since regulation began. A separate bill would direct 10% of betting tax revenue to the National Secretariat for the Rights of Persons with Disabilities. Industry voices stressed that responsible gambling protections must grow alongside the sector’s economic expansion. Brazil’s regulated betting industry…

TLDR Ireland’s gambling regulator warned it could take High Court action against a large prediction market operator. The regulator did not name the company but said it is one of the largest prediction market firms in the world. Some operators have withdrawn from Ireland after warning letters, and one has already geoblocked the country. The regulator can fine non-compliant companies up to €20 million or 10% of their turnover. Countries including Czechia, France, Spain and the Netherlands have already restricted Polymarket. Ireland’s gambling regulator says it could take a large prediction market company to court. The Gambling Regulatory Authority of…

TLDR Macau’s daily gaming revenue rose about 9% last week compared with the week of July 6. Citi kept its July gross gaming revenue forecast at MOP21.0 billion, or US$2.60 billion. That forecast still points to a 5% drop compared with July last year. VIP volume was flat or up slightly, while mass market revenue stayed flat. Citi expects a faster recovery now that the FIFA World Cup 2026 has ended. Macau’s casino industry saw its daily gaming revenue climb last week. Citi reported a rise of about 9% compared with the week of July 6. The bank said the…

TLDR Sri Lanka has pushed back the launch of its new national gambling regulator past the original June target. The Gambling Regulatory Authority Act took effect on December 1, 2025, creating one body to oversee casinos and betting. Officials are consulting international experts to refine licensing, anti-money laundering, and responsible gambling rules. The government raised casino entry fees for citizens to $100 and increased the gambling tax rate from 15% to 18%. The delay comes as Sri Lanka’s casino sector grows, highlighted by the opening of City of Dreams Sri Lanka last year. Sri Lanka has delayed the launch of…

TLDR A new study estimates Chile’s online gambling market generated CLP 431.5 billion in 2025, close to $450 million. Land-based casinos still make up about 70% of Chile’s regulated gambling market. Illegal online betting could cost the country an estimated CLP 86.3 billion in lost tax revenue. Researchers say Chile’s gambling laws were built for physical casinos and haven’t kept pace with online platforms. The report’s authors caution that the figures are estimates, not exact measurements. A new study says Chile’s online gambling market generated an estimated CLP 431.5 billion in 2025. That figure is close to $450 million in…