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Business

MGM Resorts trims international digital losses to $4m amid slower revenue expansion

MGM Resorts saw its international online division, directed by LeoVegas, move near break-even by reducing its loss to $4m in the third quarter. While Spain, the Netherlands, and the UK supported these improvements, total revenue growth decelerated to 6%, marking a steep decrease compared to the previous quarter.

Via CasinoBeats · 1 Nov · Daily Brief

Image: Yogonet International

Compliance

Federal Court fines The Star Entertainment Group AU$260 million for AML breaches

The Federal Court of Australia has ordered The Star Entertainment Group to pay AU$260 million, or $182 million, for violating AML/CTF rules. Justice Moore established the sanction after factoring in AU$200 million. The penalty remains lower than the AU$400 million, or $280 million, proposed by AUSTRAC.

Via Yogonet International · 1 Nov · Daily Brief

Image: Yogonet International

Regulation

Georgia passes legislation permitting casinos to organize international gambling tournaments

The Parliament of Georgia has passed a law enabling casinos to host international gambling tournaments. Sponsored by members of the governing Georgian Dream party, the bill secured approval during its final reading with 73 votes supporting and five opposing, following discussions across two plenary sessions where lawmakers adjusted minimum thresholds.

Via Yogonet International · 1 Nov · Daily Brief

Regulation

Dutch online gaming contracts following mandatory deposit limits

Regulator Kansspelautoriteit (KSA) reported that mandatory monthly deposit limits implemented in the Netherlands in 2024 have caused the online gaming sector to shrink. The findings were published across two reports from the gambling authority examining the licensed Dutch gambling market through all of 2025 and the first half of 2026.

Via SBC News · 1 Nov · Daily Brief

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Business

Italy aims to secure €1.9bn from gambling in budget plan

The government led by Prime Minister Giorgia Meloni plans to collect nearly €1.9 billion, or $2.13 billion, from gambling between 2027 and 2029. Under a draft budgetary plan submitted to Brussels, Italy expects €718 million, or $804.16 million, each year in 2027 and 2028, followed by €478 million, or $535.36 million, by adjusting lottery commissions, concession fees, and taxes.

Via Yogonet International · 31 Oct · Daily Brief

Regulation

HM Treasury targets £655m over five years from Machine Games Duty hike

HM Treasury expects to generate £655m across a five-year cycle through an increase in Machine Games Duty. The UK government published the primary considerations behind its move to raise machine duties by 5%, even as the wider UK gambling sector continues to face exposure to additional potential taxation on its operations.

Via SBC News · 31 Oct · Daily Brief

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