Banned in Brazil, Taxed in Britain, Capped in Spain: Lucky Lou's Weekly Rake Report
Lucky Lou on a week of bans, taxes and caps: Brazil's betting shutdown, Britain's 25% machine duty, the KSA's record €37m fine and Spain's deposit leash.
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7bet Launches Prediction Markets in Lithuania and Latvia Two Months After Polymarket Block
7bet, licensed in Lithuania, Latvia and the UK, has rolled out Altenar-powered prediction markets two months after Lithuania blocked Polymarket.
Inspired Entertainment Cuts 2026 EBITDA Guidance to $109M–$112M on Brazil Shutdown as UK Duty Rise Looms
Inspired Entertainment lowers FY2026 Adjusted EBITDA guidance to $109M–$112M on Brazil's online shutdown; Q3 revenue falls 29% to $61.4M.
Inspired Entertainment Cuts 2026 EBITDA Guidance to $109–112M as Brazil Ban and UK Duty Weigh
Inspired Entertainment lowers its 2026 adjusted EBITDA target to $109–112M as Brazil's online ban hits Virtual Sports; Q3 revenue falls 29% to $61.4M.
OHID Adds Gamban and Chapter One to England Gambling Harms Funding
England's OHID has added new groups to its levy-funded prevention round, with total funding to 2028 reported at £39.7m, up from £25.4m in April.
Scientific Games Names Dan Flynn CEO as Kevin Schneider Becomes Chairman
Scientific Games has named Dan Flynn permanent CEO from 2 November, with interim chief Kevin Schneider moving to chairman of the board.
CFTC Directs Exchanges to End Domestic Geographic Restrictions in 30 Days as Kalshi Is Enjoined on Tribal Lands
The CFTC told exchanges on 5 November to end domestic geographic restrictions in 30 days; a judge barred Kalshi sports contracts on two tribal lands.
PENN Entertainment Reports Strong Pennsylvania Month After Skill-Game Ban, Eyes Texas as Q3 Revenue Hits $1.84B
PENN Entertainment reports its best 2026 revenue-growth month in Pennsylvania after the skill-game ban and eyes Texas post-midterms; Q3 revenue was $1.84B.
DraftKings Cuts 2026 EBITDA Outlook to $175–275M as Predictions Spend Reaches $650–700M
DraftKings cut 2026 adjusted EBITDA guidance to $175–275M on $650–700M of Predictions spending, and issued 2027 targets after Q3 revenue rose 16%.
Wynn Resorts Q3 Net Income Falls 80% to $17.3 Million as Revenue Drops 7.9% to $1.69 Billion
Wynn Resorts posted Q3 2026 net income of $17.3m on revenue of $1.69bn, down 7.9%, as Las Vegas and Macau slipped and UAE spending continued.
Turkey Remands 34 of 37 Suspects in Aydın Illegal Betting Operation
A Turkish judge remanded 34 of 37 suspects in a 14-province illegal betting case centred on Aydın, where MASAK traced TL3.484bn in transactions.
Around the world
The latest from each region. Each region keeps its color wherever a story appears on the site.
EMEA
- Gamban Restores Free Access in England With OHID Funding
- Heaven of 7 Releases Kitsune's Fortune, a Japanese-Folklore Hold and Win Slot With a 5,000x Max Win
- Betfred Will Not Renew British Classics Sponsorship After Machine Games Duty Rise
- Italy Budget Bill Raises AWP and VLT Tax, Extends Gaming Licences to 2029
North America
- Jefferies: Prediction Market Volume Hits Record $4.13B Daily Average in October
- Kambi Q3 2026 Results: Revenue Up 23% to €46.0m, Adjusted EBITA Up 161% Despite Brazil Ban
- Massachusetts Conferees Yet to Settle Historical Horse Racing Dispute
- FanDuel Set to Name Christian Genetski Permanent CEO From 1 January 2027
Latam & Caribbean
- Brazil Supreme Court Hears Clubs, Ministries and Operators on Betting Ban as Fux Sets No Ruling Date
- Kambi Q3 2026 Results: Revenue Up 23% to €46.0m, Adjusted EBITA Up 161% Despite Brazil Ban
- Colombia's Bill 477 Would Put 19% VAT on Online Betting Deposits
- Flávio Bolsonaro Asks Brazil's Supreme Court to Remove Moraes From Betting-Linked Laundering Probe
Asia
- Macau GGR Falls 10% in October to MOP21.68 Billion, Fifth Straight Decline
- HKJC Adds Six Up Pools as Local Turnover Slides but Total Racing Betting Rises 12.5%
- Konami Gaming & Systems Revenue Rises 41% to ¥25.1 Billion in First Half as Solstice 49C Lifts Slot Sales
- Indonesia’s Online Gambling Crisis Is Reaching Children Under 10
Oceania
- KenoGo v Commonwealth Listed in NSW Supreme Court as Online Keno Ban Nears
- ASIC Says It Is Not Convinced Retail Prediction Markets Serve the Public Interest
- PointsBet Posts First Half-Year Loss Under New March Year-End as Australian Revenue Drops 19%
- Federal Court Orders Star Entertainment to Pay A$260 Million AUSTRAC Penalty for Anti-Money Laundering Failures
Africa
- Super Group Q3 2026: Tribunal Win Frees Duty Provision, Austria Refunds Taxes, Revenue Guidance Cut
- South African High Court Sets Aside Sizekhaya Lottery Licence Award, Operator Keeps Running
- Tanzania Collects TZS307.8 Billion in Gaming Tax as Gaming Board Plans Central Self-Exclusion Register
- Namibia Pushes Gambling Reform and Real-Time Monitoring While Its Regulator Is Still Hiring
Regulation and law
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