Colorado Gov. Passes HB 1311, Ending Sportsbook Promo Deductions
Colorado’s new law, HB 1311, has dropped a bomb on sportsbooks by eliminating promotional tax deductions, which means operators are in for a big tax hike! Now, part of that…
Pennsylvania gambling revenue up 10.7% in April due to iGaming growth
Pennsylvania’s gambling revenue has skyrocketed by 10.7% in April, thanks to a significant surge in iGaming activity. This surge suggests promising trends in the state’s gambling landscape. Key Points Total…
New Social/Sweeptakes Trade Group Launches, This Time With VGW Involved
The Social Gaming Leadership Alliance (SGLA) has officially launched, with VGW — the powerhouse behind popular platforms like Chumba Casino and Global Poker — at its forefront. Joining forces with…
Municipal government pre-empts approval of land-based gambling bill in Brazil
The municipality of Olimpia in São Paulo has taken a bold step by passing a new bill to classify gambling operations as public services, prior to the formal approval of…
Morgan Stanley: Melco and MGM China most likely Macau operators to outperform 2025 EBITDA estimates
Summary Morgan Stanley’s analysis reveals that Melco Resorts & Entertainment and MGM China are poised to outperform other Macau operators in their 2025 EBITDA estimates. The investment bank conducted a…