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Legal
August 23, 2021
Brazil Signals Strong Intent to Bring Back Land-Based Casinos
Brazil is looking to speed up the introduction of integrated casino resorts in the country after a rapporteur for Bill 4495 was appointed last week. Legislative Preference for the Bill Senator Veneziano Vital do Rêgo was appointed by the President of the House, Senator Rodrigo Pacheco, as the Plenary Rapporteur for Bill 4495, known as […]
Legal
July 21, 2021
Brazil’s President Confirms Changes to Sports Betting Taxation
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 […]
Esports
July 13, 2021
MIBR and Betway on Lookout for Fresh CS:GO Talent
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.” […]
Sports
July 13, 2021
Sportsbet.io Enters Master Sponsorships Deal with Sao Paulo FC
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 […]
Business
June 21, 2021
Intralot Completes Sale of Intralot do Brazil’s 80% Stake to Saga
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 […]
Sports
June 17, 2021
Betting company Dafabet Inks Partnership with Brazil’s Palmeiras
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 […]
Esports
May 27, 2021
Betway Continues eSports Expansion, Becomes FURIA’s Sponsor
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 […]
Sports
May 24, 2021
Rio de Janeiro Is Looking for Sports Gambling and Lottery Operators
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 […]
Business
May 14, 2021
Intralot Sells Brazilian Business, Remains Technology Supplier
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 […]
Esports
April 5, 2021
Brazil’s Children Association Charges at Loot Boxes
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 […]