News October 2025
Huge gambling tax hike in Mexico Legislation
Mexico’s Ministry of Finance has included a series of non-fiscal tax measures in the 2026 Economic Package aimed at discouraging the consumption of products deemed harmful to the population’s physical and mental health, including online gambling sites. According to the document submitted to the
Chamber of Deputies on 8 September, the government is proposing to raise the tax on online gambling from 30 to 50 per cent. Te tax on online gambling will be based on either the total amount of bets placed by players or the total revenue received by the gambling operators.
Times Square casino voted down Operator News
A state-commissioned community advisory committee has ended Caesars’ hopes of developing a casino resort in the heart of Times Square, New York, rejecting it in a four to two vote that joint developer SL Green described as ‘cowardice.’ Local board approval was needed for the
project to be considered by the state Gaming Commission, which will grant three casino licenses for New York City in December. Marc Holliday, CEO of SL Green, said: “Tis
was a despicable display of cowardice, a complete lack of consideration for all the people who would benefit from this. We met the standard and then some. Te only ones with the courage to stand up are the governor and the mayor’s appointees, and everybody else runs and hides. Go run and hide. What you did, the benefits you denied this community and this city and state, you have to live with that history forever A spokesperson for Caesars said: “We are
Gathering legal storm for Stake Operator News
Online casino giant Stake and streaming platform Kick are battling mounting legal challenges as regulators in the US and Europe turn up the heat on the fast-growing empire. California’s Attorney-General filed a civil
lawsuit against Stake’s American subsidiary,
Stake.us, accusing it of running an illegal online casino disguised as a sweepstakes. Te case, lodged in the state’s Superior Court, alleges the company’s “sweepstakes coins” system is a “ruse” designed to circumvent gambling laws while still allowing players to wager and cash
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disappointed by today’s decision and process. Caesars Palace Times Square was a visionary proposal that aimed to address long-standing challenges through meaningful private investment. “Te project would have enhanced public
safety, reduced congestion, and supported the economic vitality of hundreds of local businesses - from hotels and restaurants to theatres and retail establishments. It also included commitments to community health, emergency services, arts access for underserved groups, and inclusive decision- making for local residents. Most importantly, it would have created thousands of stable, union jobs and brought diversity and inclusivity to both gaming ownership and Broadway. New York City Councilman Erik Bottcher
added: “Casinos must clear a particularly high bar, requiring a uniquely strong degree of community buy-in before being sited in a neighbourhood. “Despite extensive outreach by the
applicants, that level of support has not materialised.”
out. Prosecutors are seeking to shut down the platform and claw back player losses. Across the Atlantic, French officials are investigating Kick after the death of streamer Raphael Graven, known online as Jean Pormanove, who died mid-broadcast during a 12-day marathon stream. His channel, which often featured stunts involving humiliation and violence, has sparked outrage in France. Te twin crises come as Stake eyes expansion
into New Zealand, where the government is preparing to issue up to 15 new online casino licences. Earlier this year Stake exited the UK market amid a Gambling Commission investigation into social media advertising.
Colombia tax reforms target gambling Legislation
Te government of Gustavo Petro has presented a new tax reform to Congress aimed at raising COP 26.3 trillion (around $US 6.4bn). Te tax hike seeks to secure the financing of the government’s 2026 budget and is more than double the tax hike that was rejected by Congress last year. Te reform includes a raft of new taxes on gambling. Crucially the reform would make the 19 per cent Value Added Tax (VAT) on online gambling permanent. Gambling operators must pay the VAT, whether they operate inside or outside Colombia. Another significant point is the modification of the tax rate on occasional earnings from lotteries, raffles, bets, and similar activities. Article 22 of the reform sets this tax at 33 per cent. In addition the land based sector will face increased taxes if the new tax reform bill is approved. Te monthly taxable bases for various gaming activities have been established, including slot machines being assessed at 20 Tax Value Units (UVT).
Paddy Power signs NFL deal Operator News
Paddy Power has been appointed Official Sportsbook Partner of the National Football League in the UK and Ireland for the 2025-26 season. Te one-year agreement gives the Flutter Entertainment brand promotional rights across retail and online betting, as well as activation at NFL games. Te operator also becomes the official partner for
the NFL’s free-to-play game in the region, launching Paddy Power NFL Showdown. Te game allows players to predict match results with weekly jackpots and a season-long leaderboard. Partnership rights extend to promotional activity on digital channels, in-stadium activations, and access to official footage.
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