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Industry
April 2, 2024
Brazil Considers “.bet” Domain for Authorized Sports Betting Sites
Brazil’s Ministry of Finance is exploring the creation of a specialized domain extension, “.bet,” exclusively for sports betting and online casino websites. This move aims to enhance regulation and oversight in the rapidly expanding sector, making it easier for consumers to identify licensed operators while deterring illicit activities. It also extends the government’s plans to […]
Sports
March 14, 2024
Brazil Still Missing a President of Bets and Prizes Secretariat
Brazil’s Minister of Finance, Fernando Haddad, is under pressure to appoint a president of the Secretaria de Prêmios e Apostas (SPA) or Secretariat of Bets and Prizes. The appointment is required as a final step toward the much-anticipated launch of the country’s federal sports betting marketplace. Frustration Rising in the Congress News of the completion […]
Industry
February 21, 2024
Brazil Proposes to Ban Celebrities from Participating in Betting Ads
Ahead of the expected launch of legal sports betting in Brazil this year, the country continues to develop regulations for the sector. One major part of the legal framework involves advertising and it follows a pattern adopted by many countries across the globe. A proposal for the regulation of sports betting advertising gained traction late […]
Industry
February 13, 2024
Yolo Group Prepares to Enter Brazil, Joins IBIA
Yolo Group has become the latest member of the International Betting Integrity Association (IBIA) ahead of launching in Brazil. Boasting offices across Estonia, Malta, Brazil, Australia and Guernsey, the group sought to comply with Brazil’s sports betting requirements. As Brazil prepares to launch regulated sports betting, it requires licensed operators to engage with an integrity […]
Industry
February 6, 2024
Brazil’s iGaming Sector to Generate $5bn, Says Vixio Report
The leading provider of regulatory and business intelligence, powering the global payments and gambling industries, Vixio Regulatory Intelligence, released a new report, highlighting the potential of the online gambling sector in Brazil. Released just in time for the start of the ICE 2024 convention in London, the new Brazil Online Outlook report analyses the potential […]
Industry
February 5, 2024
Brazil Takes Center Stage in Gambling Regulation
Brazil’s Ministry of Finance has achieved significant progress toward regulating its burgeoning gambling industry by introducing the Secretariat for Prizes and Betting (SPA). This strategic move is part of a broader governmental initiative to enhance control and bring legal oversight to the rapidly evolving landscape of gambling within the country’s borders. A New Regulator for […]
Business
January 15, 2024
Android Allows RMG Apps in Three Markets, Announces Fee Changes
Android has officially allowed real-money gaming (RMG) apps to appear on the Google Play store in Brazil, India and Mexico. The decision will come into force on June 30, 2024. Android also allowed developers trialing RMGs in India and Mexico to continue offering their pilot products until the official launch. In line with the approval […]
Industry
January 2, 2024
Brazil Reaches a New Milestone in Its Regulated Sports Betting Journey
Brazil’s journey towards a regulated sports betting landscape finally passed one of its final milestones as President Luiz Inácio ‘Lula’ da Silva signed off Bill PL3626/23, setting the groundwork for its federal sports wagering and iGaming market. Only a few final regulations stand before the industry’s official launch, which should hopefully happen sometime in 2024. […]
Casino
January 2, 2024
BetGames to Launch Bespoke Skyward Game in Brazil via Betano
Premium games provider with a focus on offering recreational bettors a portfolio of household games that are easy to understand, BetGames, has designed a bespoke version of Skyward, the first game in the high-energy Crash series with “exciting gameplay and convenient auto-betting and cash-out features.” The new game variant is ready for launch in Brazil […]
Legal
December 22, 2023
Betting and iGaming Await Final Approval in Brazil
Sports betting and online gambling may become a reality for Brazil as early as 2024 after an important decision taken by the country’s Chamber of Deputies. In a final voting session on Thursday, the Deputies voted to approve Bill 3,626/2023, a proposal that called for the regulation of sports betting, as announced by Agência Câmara […]