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Gambling News - 'Brazil'
Legal
December 30, 2020
Brazil’s Supreme Court to Rule on Legal Status of Gambling in April 2021
Currently, gambling activity is mainly dealt with by the Law of Misdemeanours (Decree Law No. 3688/1941). Brazil Takes Bigger Steps Towards Make Gambling Legal Minister Luiz Fux, president of Brazil’s Supreme Federal Court (STF), released the trial schedule for the 37 plenary sessions to be held during the first half of 2021. On April 7, […]
Sports
December 17, 2020
Brazil Benefits from Sportradar’s Integrity Solutions against Match-Fixing
Sportradar’s Fraud Detection System has been helping authorities in Brazil to ensure the fairness of contests free of match-fixing and take action against those who have been breaking the rules. Sportradar Continues to Lead the Way in Sports Integrity Sports integrity company Sportradar’s success in preventing fraud in highly-challenging markets has shone once again with […]
Sports
December 16, 2020
Compare.bet Makes Brazilian Debut ahead of Sports Betting Launch
Seven Star Digital’s flagship betting comparison website, Compare.bet, has entered Brazil in anticipation of sports betting industry’s legalization. Compare.bet Launches Tailored Product for Brazilian Market Compare.bet, the odds and comparison portal owned by Seven Star Digital, is now live in Brazil, bringing a highly-sought-after service to one of the biggest markets in Latin America. The […]
Business
December 13, 2020
BetWinner Signs 4-Month Brand Exposure Deal with ESPN Brazil’s SportsCenter
Online sports betting operator BetWinner will expand its footprint in Brazil via a deal with ESPN Brazil’s SportsCenter program. BetWinner Expands in the Latam Market BetWinner, one of the top online sportsbook operators on the sector, has reached the Brazilian market through a 4-month deal with ESPN Brazil’s SportsCenter program to develop its brand exposure. […]
Industry
December 7, 2020
Brazil Sports Betting Regulation in Place by Mid-2021
Brazil could have a regulatory framework for sports betting next year according to estimates provided by local experts and shared by BNL Data. The report revealed that the Government is planning to establish a regulatory framework for fixed odds betting, in which all participants in the activity will know the prizes in advance, with the […]
Business
November 26, 2020
Betcris Launches Portuguese-language Website in LatAm
Latin America continues to be an attractive market for Betcris which is preparing to capitalize on the continent’s immense potential. Latin America to Lead the Way in Sports Betting Betcris is expanding the scope of its operations by launching a dedicated website localized for Brazil. The bt.betcris.com brand will focus on bolstering the company’s activities […]
Business
October 7, 2020
IGT and Scientific Games Brazilian Lottery Push Collapses
IGT and Scientific Games push for instant lottery business in Brazil hits a snag as local partner misses deadline. The businesses are open to reengage with the process although new legal challenges would require further reevaluation of any moves in Brazil. Brazil’s Instant Lottery Push Stops as Local Partner Misses Deadline Brazil has been see-sawing […]
Legal
August 23, 2020
Brazil President Bolsonaro Approved Sports Betting Privatization
Sports betting in Brazil will be privatized by the country after the proposed decree by the Ministry of Economy was signed into law by President Jair Bolsonaro. According to the proposal, the sports betting sector will become part of the country’s Investment Partnership Program (PPI) portfolio. The proposal for the privatization of the sports betting […]
Sports
August 10, 2020
Stats Perform Named Exclusive Betting Streaming Rights & Betting Data Provider
Sports data company Stats Perform announced today it was named Exclusive Betting Streaming Rights and Betting Data Provider for the Serie A and Serie B club football competitions in Brazil. The multi-year deal for the sports tech leader in data and AI technology will commence at the start of the 2020 season. Betting Streaming and […]
Legal
June 25, 2020
Brazil Awaiting OK by President to Privatize Sports Betting Sector
Seeking to cushion the impact of the COVID-19 pandemic, the Brazilian Ministry of Economy has proposed a plan to privatize the sports betting industry. The move awaits support from the country’s president, Jair Bolsonaro. Brazil Wants to Privatize Sports Betting Operations Sports betting businesses in Brazil will become the property of the state, a new […]