FDJ United to Review Operations Amid Tax Pressures
FDJ United is reviewing its online betting and gaming operations and non-core assets after higher gambling taxes across Europe weighed on its first-half earnings.
Online Betting
Online Betting Surges in Kazakhstan: Digital Firms Eclipse Land-Based
The online betting market in Kazakhstan experienced a remarkable 965% growth last year, reaching $786 million in web-based bets. Online gambling now dominates nearly two-thirds of the country's total betting market.
Argentina Proposes Bill to Regulate Online Betting and Address Youth
Argentina’s Congress will soon review a sweeping reform bill that seeks to tighten oversight of online betting while reframing addiction as a public-health concern.
Brazil's Bets Law Faces Political Bloc Negotiations
As election campaigning intensifies, the only consensus is that political blocs will have to bargain to kill the Bets regime.
Brazil, US and Argentina Regulators Call for Enhanced Cooperation on
Regulators from Brazil, Argentina, and the United States emphasized the need for better cooperation to address the challenges of illegal online betting.
Brazil Government Considers Drastic Measures for Online Betting Sector
Brazil’s Minister of Institutional Relations, José Guimarães, said the government has yet to define how it will address the country’s online betting sector amid growing concerns over problem gambling.