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Industry
November 22, 2023
Brazil: Senate Postpones Sports Betting Discussions
Brazil’s Senate has once again pushed back its decision about the future of sports betting. The country has been preparing to launch wagering on sports for some time now but the legislators continue to be indecisive. In addition to the Senate, the Economic Affairs Commission (CAE) delayed its Tuesday meeting to Wednesday, further signifying the […]
Sports
November 13, 2023
Brazilian Soccer Clubs Speak Out Against Betting Advertising Ban
Brazil’s proposed ban on sports betting advertising doesn’t sit well with professional soccer clubs. Teams expressed their opposition to the measure by sending a letter to the Senate, hoping to convince it not to include the ban in the final version of Brazil’s sports betting bill. Under the ban, which is envisioned as a part […]
Legal
October 30, 2023
Brazil Sets Stringent Requirements for Sportsbook Operators
Brazil’s Ministry of Finance has released a comprehensive set of requirements for sportsbook operators intending to enter the regulated market after its establishment. All interested operators must express their intent within 30 days to expedite the process. The new regulatory framework is now under Senate review after approval in the lower house earlier this year. […]
Legal
October 11, 2023
Senator Angelo Coronel Selected for Rapporteur of Betting Bill in Brazil
Efforts for the legalization of sports betting in Brazil continue. Earlier this week, Senator Angelo Coronel was appointed to the role of rapporteur for a bill that proposes the legalization of wagering on sports in the country. The latest announcement comes after the proposal, Bill 3626 / 2023, successfully cleared Brazil’s lower house of Parliament […]
Business
September 18, 2023
OpenBet Inks Brazilian-Facing Deal With Play7.Bet
The popular platform offering trading and risk, as well as content and services to operators within the sports betting sector, OpenBet, announced a new groundbreaking partnership. The company confirmed Monday it joined forces with the sports betting brand, Play7.Bet. The new major partnership marks OpenBet’s entry into Brazil and comes ahead of the sports betting […]
Industry
September 14, 2023
Brazil’s Parliament Passes Sports Betting and Online Gambling Bill
Brazil’s lower house of Parliament approved a bill on September 13 aimed at regulating sports betting and online gambling. The bill, which also encompasses virtual casinos, is now headed to the Senate for further deliberation. Brazilian Legislation Sets 18% Tax on Online Betting Revenue The bill proposes an 18% tax on the net revenue generated […]
Business
September 7, 2023
GLI Secures Accreditation in the Brazilian State of Paraná
Gaming Laboratories International (GLI) has secured accreditation in the State of Paraná, making it the first gaming testing laboratory to foray into Brazil. Its accreditation follows the formal launch of the laboratory accreditation process in Brazil. GLI was cleared for launch by the Loteria do Estado de Paraná (LOTTOPAR), allowing it to perform testing and […]
Sports
September 4, 2023
Genius Sports Extends Deal With Brazil’s National Basketball League
The data, technology and broadcast partner that helps connect sports, betting and media, Genius Sports, announced a new long-term extension of its exclusive data partnership with Brazil’s National Basketball League (LNB). The recently announced partnership extension comes ahead of the new basketball season set to launch on October 21, 2023. The collaboration sees Genius Sports, […]
Business
September 4, 2023
Better Collective Confirms Torcedores.com Acquisition
The leading digital sports media group, Better Collective, announced a new strategic acquisition, allowing it to strengthen its position within the South American region. The company confirmed details regarding the acquisition of Torcedores.com, a leading national Brazilian sports media platform. Expanding into the South American region marks a strategic move for Better Collective, considering the […]
Business
August 17, 2023
Salsa Technology Supplies Content to Wolf Sistemas
Salsa Technology, an expert in iGaming solutions, has signed another content provision agreement, this time with Wolf Sistemas, a Brazilian platform provider. As per the deal, the former company will leverage its Salsa Gator aggregation solution to level up its new partner’s online casino offering. The agreement will see Salsa Technologies provide Wolf Sistemas with […]
