Regulatory news. Week №24

🇺🇸 The sweepstakes casino segment in the U.S. is growing rapidly, bypassing gambling bans in several states. By 2025, its revenue is projected to reach $ 11 billion, surpassing the $ 8.4 billion generated by licensed platforms.

🇧🇷 A new tax burden of up to 77% may be imposed on online bookmakers in Brazil. Betting operators risk losing up to three-quarters of their profits.

🇪🇪 By 2028, Estonian authorities plan to reduce the tax rate for iGaming companies from 6% to 4%. The reduction will be gradual, starting in 2025 with a 0.5% decrease each year.

🇵🇭 The Philippine Senate has passed a law banning the operations of Philippine Offshore Gaming Operators (POGO) within the country.