By Martina-Nikoleta Tsvetkova

Legal

Brazil’s President Confirms Changes to Sports Betting Taxation

July 21, 2021

Brazilian President Jair Bolsonaro has signed a law that will alter the country’s sports betting taxation system to a revenue-based one.  President Jair Bolsonaro Signs New Sports Betting Taxation Law  Last week, Brazil’s Official Gazette published Law No. 14,183, of July 14, 2021, which changes the rules on sports betting taxation. The new law modifies Chapter […]

By Luke Thompson

Esports

MIBR and Betway on Lookout for Fresh CS:GO Talent

July 13, 2021

MIBR and Betway have teamed up for a new recruitment initiative that is looking to add talented aspiring players to the Brazilian CS:GO team’s roster.  MIBR on the Lookout for Academy Recruits  The Counter-Strike competitive scene is not slowing down even in mid-summer, with Betway and Immortals Gaming Club’s competitive video gaming team MIBR launching their “Feitos no Brasil.”  […]

By Stoyan Todorov

Sports

Sportsbet.io Enters Master Sponsorships Deal with Sao Paulo FC

July 13, 2021

As it continues to expand globally, cryptocurrency betting operator Sportsbet.io has signed a new master partnership with Brazilian soccer club Sao Paulo. Sportsbet.io Deepens Brazilian Ties with Sao Paulo Sportsbet.io, arguably the world’s most significant crypto sports betting operator, has struck a new pivotal partnership with Brazilian soccer club Sao Paulo. The “master sponsorship” will extend […]

By Julie Moraine

Business

Intralot Completes Sale of Intralot do Brazil’s 80% Stake to Saga

June 21, 2021

Intralot SA, a global lottery and sports betting products and technology supplier headquartered in Greece, announced the completion of the deal for the sale of its stake in Intralot do Brazil. Second Latin American Business Sale The deal, which was initially announced in May after Saga, the only other shareholder in the Brazilian business, agreed […]

By Martina-Nikoleta Tsvetkova

Sports

Betting company Dafabet Inks Partnership with Brazil’s Palmeiras

June 17, 2021

Brazilian football club Palmeiras has added Dafabet as its first official sponsor in an agreement that will run until the end of 2021. First Sponsor Deal for the Libertadores winner Sports betting company Dafabet announced it is becoming the official betting partner of one of Brazil’s most popular football clubs, Palmeiras. The information was revealed […]

By Julie Moraine

Esports

Betway Continues eSports Expansion, Becomes FURIA’s Sponsor

May 27, 2021

Online sportsbook operator Betway announced it agreed to partner with Brazilian eSports organization FURIA to continue to expand its presence as a leading eSports betting company. “We are very proud to announce Betway as our new partner.” André Akkari, Co-CEO, FURIA Another High-Profile eSports Team in Betway’s Portfolio The agreement will see international cross collaborations […]

By Erik Gibbs

Sports

Rio de Janeiro Is Looking for Sports Gambling and Lottery Operators

May 24, 2021

The annual Rio de Janeiro Carnival is the largest festival in the world and immediately conjures images of street parties and colorful costumes when mentioned. That has led to Rio becoming a popular subject of a number of slot machines at land-based and online casinos around the world, despite the fact that the area isn’t […]

By Julie Moraine

Business

Intralot Sells Brazilian Business, Remains Technology Supplier

May 14, 2021

Intralot, a global supplier of sports betting and lottery products and technology, announced it reached a binding agreement with Saga to offload its stake at the Intralot do Brazil business. Offloading Exposure in Brazil Intralot revealed Saga agreed to a total cash consideration of €700,000 for the 80% stake the Greek-based company holds in the […]

By Stoyan Todorov

Esports

Brazil’s Children Association Charges at Loot Boxes

April 5, 2021

ANCED is taking aim at in-game purchases and loot boxes, asking from courts to expand the protection of children and classify loot boxes as a form of gambling. Brazil’s Children Association Targets Loot Boxes  Loot boxes have been a thorny issue for many years now, and while developers have embraced them readily as a lucrative […]

By Jerome García

Business

Scout Gaming Launches DFS with Betsson for Players in Brazil

March 18, 2021

Scout Gaming announced today that it launched DFS for players in Brazil with Betsson. Players in the country can now enjoy a fixed buy-in game featuring bigger prizes as well as a free-to-play game. Scout Gaming Launches DFS with Betsson in Brazil Award-winning licensed B2B Fantasy and Sports Betting software provider, Scout Gaming, announced today […]