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Gambling News - 'Brazil'
Legal
May 12, 2023
Brazil to Investigate Match-Fixing on a National Level
Brazil’s Justice Minister Flávio Dino announced the launch of a national investigation that will probe its soccer scene for match-fixing. According to Dino, the results of this investigation could possibly have “international repercussions.” The investigation comes in the wake of the suspensions of several athletes who took money by people wanting to manipulate the outcomes […]
Sports
May 10, 2023
IBIA Confirms Plans to Expand Brazilian-Facing Operations
The leading industry-led sports integrity organization that represents more than 120 licensed sports betting brands around the world, the International Betting Integrity Association (IBIA), announced it expanded its Brazil-facing operations. Confirmation about the latest strategic move emerged Tuesday and sees the Association expand its established presence in the country to help combat match-fixing attempts and […]
Casino
May 10, 2023
Pragmatic Play Launches Content with Vem Betar in Latin America
The region has been undergoing some transformative changes and Pragmatic Play is happy to be part of this. This is why the acclaimed developer of iGaming content has added a new Brazilian operator in the face of Vem Betar, which will benefit from the studio’s extensive range of casino games. Vem Betar Welcomes Pragmatic Play’s […]
Esports
May 9, 2023
Rivalry Boosts Reach in Brazil with Counter-Strike Content Creators
Moving forward, Rivalry Corp will work with a number of leading creators who provide the Counter-Strike: Global Offensive (CS:GO) community in the country with relevant and high-value content. CS:GO is a video game that is played competitively and features annual tournaments that offer participants the chance to win millions worth of dollars. Connecting with Brazilian […]
Sports
April 28, 2023
New Proposal in Brazil Calls for 16% Tax for Online Betting
Earlier this month, in Brazil, a proposal called for a 15% tax on sports betting along with BRL30 million BRL30 million ($5.9 million) license fee. Now, local media outlets reported a proposal was pushed forward that calls for a tax rate from 15% to 16%. The new proposal, reportedly backed by Ana Moser, the country’s […]
Business
April 24, 2023
KTO Group and ENV Media Sign Joint Venture Agreement in Brazil
The performance-based media agency working within the iGaming vertical, ENV Media, forged a new deal Monday, in an effort to expand within the growing online gambling sector in Brazil. The new collaboration saw the company join forces with the leading Brazilian online gambling operator, KTO Group. Under the terms of the new joint venture agreement, […]
Casino
April 11, 2023
Pragmatic Play Expands Brazilian Presence with Win Prêmios
Supplier of online casino content Pragmatic Play announced it has signed a new agreement with Win Prêmios to provide content across multiple gaming verticals and elevate its profile in Brazil. Product Offering Key in Contested Markets The multi-vertical content package deal with Win Prêmios will see the integration of Pragmatic Play’s Slots, Live Casino and […]
Sports
April 7, 2023
Brazilian Government Introduces 15% Tax on Online Betting
Brazilian media outlet Poder360 reported that the Brazilian government has recently announced that online betting will now be subject to a 15% tax on Gross Gaming Revenue (GGR), with the license fee set at BRL30 million ($5.9 million). Brazilian Government Anticipates Billions in Revenue with New Measures The next step for Brazil’s Finance Ministry is […]
Sports
April 6, 2023
Brazil’s Soccer League Desires 4% of Sportsbooks’ Revenues
The Confederação Brasileira de Futebol (CBF), Brazil’s soccer confederation, wants additional funding in the form of sports betting taxes. Amid discussions for revolutionizing the gaming system, the body asked to receive a 4% share of licensed operators’ revenues. The CBF said that the proceeds, if granted, would be distributed among its leagues. The confederation’s proposal […]
Sports
March 27, 2023
Athletico Paranaense Inks Esporte da Sorte Shirt Sponsorship
Athletico Paranaense, a football club competing in Brazil’s top-flight men’s league, Campeonato Brasileiro Série A, announced it has signed a shirt sponsorship deal with sports betting operator Esporte da Sorte. Master Shirt Sponsorship The new agreement with Esporte da Sorte will see the logo of one of the fastest-growing sports betting operators in Brazil feature […]