Tag: QuinnBet

Brazilian President Lula intensifies attacks on betting, calling it a "scourge of lies." A ban would eliminate BRL7.3B in first-half 2026 tax revenue and risk pushing 60% of licensed bettors into the illegal market, which already controls 38-44% of activity.

Macau's casino market is recovering from World Cup-driven GGR declines but remains highly competitive, says Seaport Research after meetings with MGM and Wynn management. Wynn Macau Q2 operating income rose 26.9% while MGM China revenue held flat.

Cambodia's casino duties fell 25.8% to $28M in 1H 2026 as 72 casinos closed amid a scam centre crackdown. NagaCorp remains the largest taxpayer despite the sector contraction.

Jeju WanLi Casino will soft open on September 2 after refurbishing the former Gongzi Casino site. The property pivots from junket VIP play to mass-market young players, with the hotel rebranding to Sheraton.