A good manager answers your questions. A great one solves them before you even ask. β€οΈβπ₯
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Cyprus is of interest to the industry not only because of its local betting market: the island is home to operators, affiliate teams, payment services, and other iGaming companies. But when it comes specifically to traffic targeting local players, the room for maneuver is very limited β online casinos and a number of other products are prohibited, while the blocklist is growing at a rapid pace.
In the infographic, we break down how this system works and what to check before launching in CY.
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Late September and early October are a packed period for sports launches. Baku will host the Formula 1 Grand Prix and the World Judo Championships, while the EuroLeague, League of Legends World Championship, and major Dota 2 tournaments also get underway.
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Happy Monday! While you were looking for the strength to get out of bed, the EU's illegal gambling market found β¬13B. Let's see how everyone's week is going π
β‘οΈ $36B in losses, β¬13B in illegal market profits, and record taxes: how much iGaming earns β and loses
Fresh numbers on gambling money, regulatory shifts, and figures that show the true scale of both legal and illegal markets.
π Follow the money
β Singapore's gambling tax revenue reached $2.84B for the fiscal year β up 11.9% year-on-year
β Australian players spent a record $36B on gambling in the 2025β2026 fiscal year β $1.2B more than the year before
β In France, the total tax burden on online betting reaches 59.3% of GGR: 33.7% fiscal levy, 15% social, 10.6% sports. The highest rate in Europe
β In Brazil, operators have received $3.5M in fines since 2025, with 66,000+ domains blocked
β Also in Brazil: 14 licensed betting sites suspended over SPA compliance violations
β Gen Z and millennials made up 88% of all online bettors in the US in July 2026. On average, players lose 25 cents of every dollar sent to a bookmaker
β The EU's illegal gambling sector may hit β¬13B in net profit in 2026. Already 35% of payments on illegal sites are made in crypto β the share could reach 70% by 2030
β Crypto payment risks for iGaming operators in 2026 β full breakdown on 3S.INFO
π GEO news
β Armenia will start blocking illegal gambling sites via internet providers from February 2027
β In Russia, 717 self-exclusion applications were filed via MFC service centers in the first week of September alone β not counting those filed through Gosuslugi
β From October 2026, Cambodia will temporarily suspend live games across all its venues
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Fresh numbers on gambling money, regulatory shifts, and figures that show the true scale of both legal and illegal markets.
β Singapore's gambling tax revenue reached $2.84B for the fiscal year β up 11.9% year-on-year
β Australian players spent a record $36B on gambling in the 2025β2026 fiscal year β $1.2B more than the year before
β In France, the total tax burden on online betting reaches 59.3% of GGR: 33.7% fiscal levy, 15% social, 10.6% sports. The highest rate in Europe
β In Brazil, operators have received $3.5M in fines since 2025, with 66,000+ domains blocked
β Also in Brazil: 14 licensed betting sites suspended over SPA compliance violations
β Gen Z and millennials made up 88% of all online bettors in the US in July 2026. On average, players lose 25 cents of every dollar sent to a bookmaker
β The EU's illegal gambling sector may hit β¬13B in net profit in 2026. Already 35% of payments on illegal sites are made in crypto β the share could reach 70% by 2030
β Crypto payment risks for iGaming operators in 2026 β full breakdown on 3S.INFO
β Armenia will start blocking illegal gambling sites via internet providers from February 2027
β In Russia, 717 self-exclusion applications were filed via MFC service centers in the first week of September alone β not counting those filed through Gosuslugi
β From October 2026, Cambodia will temporarily suspend live games across all its venues
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