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Sports
June 10, 2025
Brazil Increases Gambling Tax, Industry Pushes Back
Just six months after opening the doors to legal online betting, Brazil’s Ministry of Finance has announced a surprise increase to the tax rate on gross gaming revenue (GGR). The rate will jump from 12% to 18%, effective immediately, though the provisional measure (MP) that has received the green light from the ministry still needs […]
Industry
June 5, 2025
Brazilian Gambling Sector Protests Climbing Taxes
While Brazil continues to strengthen its grip on the gambling sector and increase taxes, multiple industry giants have warned of the negative consequences this could lead to, including the strengthening of the illegal market. Brazilian Senate Wants to Increase Gambling Taxes On Tuesday, industry groups such as the Brazilian Institute of Responsible Gaming (IBJR) and […]
Industry
June 3, 2025
Pixbet and Other Betting Operators Return Online Following SPA Suspension
Pixbet and several other betting operators can again offer their services in Brazil, just days after the Secretariat of Prizes and Betting (SPA) of the Ministry of Finance announced a sweeping license suspension affecting seven gambling operators. Most affected companies have addressed the reporting deficiencies and resumed operations, with only two remaining offline. Most Operators […]
Industry
June 2, 2025
Brazilian Betting Regulator Suspends Multiple Operators over Reporting Failures
Brazil’s Secretariat for Prizes and Betting (SPA) has temporarily suspended the operations of several betting companies, including reputable industry heavyweights like Pixbet. The affected companies reportedly failed to meet recently implemented reporting obligations. The government must also contend with thousands of consumer complaints as it continues its efforts to usher in a safe and equitable […]
Industry
May 30, 2025
Brazilian Government Received 1,000+ Complaints Against Gambling Companies
Although Brazil has licensed its sports betting industry, it has done so with one major caveat – fail to uphold rules as an industry and face the consequences, among which – a possible suspension of gambling altogether. Brazil Tracks Consumer Complaints Against Regulated Gambling Now, the federally-run platform Consumidor.gov.br has received more than 1,000 complaints […]
Sports
May 29, 2025
Brazilian Senate Approved Bill Restricting Gambling Ads
The Brazilian Senate has approved Bill PL 2.985/2023, introducing new limitations on gambling-related advertising, despite many voices from the spots sector warning that this could have negative financial consequences. Brazilian Senate Passes the Bill Initially, the bill proposed a complete ban on all gambling advertisements. However, it was later revised to specifically restrict the promotion […]
Industry
May 19, 2025
Brazilian Senator Calls for Ban on Soccer Betting in the Country
During a Senate plenary session on Friday, Senator Eduardo Girão urged the implementation of a betting ban, citing concerns about the industry’s growing influence on Brazilian soccer. Brazilian Senator Advocates Betting Ban in Soccer According to the senator, Brazil’s launch of a regulated online betting sector has caused an increase in addiction. He called for […]
Business
May 16, 2025
Flutter Announces $350M NSX Group Acquisition and Brazilian Market Entry
One of the world’s leading online sports betting and iGaming operators, Flutter, has expanded its influence recently by completing the purchase of a majority 56% stake in NSX Group. Flutter Unveils New Deal with Betnacional NSX Group is a leading Brazilian operator. The company owns sports betting platform Betnacional, and Flutter spent $350 million on […]
Business
April 17, 2025
Better Collective Helps Network Gaming Launch Ligavip in Brazil
Network Gaming, a B2B sports gaming and data platform has unveiled a new partnership with Better Collective, a leading digital sports media group. Under the new deal, Better Collective’s BolaVIP division helped Network Gaming launch its mobile gaming platform in Brazil. Ligavip Offers Engaging F2P Games According to the announcement, Network Gaming teamed up with […]
Industry
April 15, 2025
Brazil Weighs Stricter Rules on Gambling Advertising
Brazil’s Senate Sports Commission has recently addressed increasing concern over gambling advertisements and their influence on the public, with special emphasis on vulnerable groups. Lawmakers are currently reviewing two separate bills, PL 2,985/2023 and PL 3,405/2023, that aim to tighten rules around how betting companies can market their services. Senator Portinho: “The Situation Is Getting […]