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Lottery
February 25, 2025
Brazilian Supreme Court Stops Loterj from Operating Outside Rio de Janeiro
Brazil’s Supreme Federal Court (STF) has decided that the Loteria do Estado do Rio de Janeiro (Loterj) cannot extend its operations beyond state lines. Majority of STF Justices Rule against Loterj’s Nationwide Operations Most justices agreed on this ruling during a virtual plenary session. This choice backs up an earlier order from Minister André Mendonça. […]
Industry
February 20, 2025
Argentina’s Newest Crypto Scandal Reflects President Milei’s Worrying Attitude to Gambling
Argentina’s President Javier Milei is facing substantial public backlash after he promoted the cryptocurrency $LIBRA on social media. Milei tweeted on X (formerly Twitter) on 14 February, praising the token and stating it would fund small businesses and Argentine startups. Thousands of investors jumped in within an hour, taking the price from $0.21 to a […]
Business
February 7, 2025
How Brazil’s First Month of Regulated Betting Looked Like
The newly regulated Brazilian betting market has completed its first entire month, and the pressing question regarding the channelization rate is looming over the industry. Early estimates from AI-driven market analytics platform Blask indicate that Brazil’s betting sector generated approximately $154 million in gaming revenue during the first month of 2025. Blask analyzes billions of […]
Industry
February 5, 2025
H2 Gambling Capital Predicts Huge Rise in Brazilian iGaming
H2 Gambling Capital’s latest study reveals significant growth in Brazil’s online betting and iGaming market, with active accounts expected to reach 36 million by 2026. H2 Gambling Capital Announces Details on Brazil Study Global specialist gambling sector market data provider H2 Gambling Capital has provided some new data for the upcoming trends in the iGaming […]
Industry
February 5, 2025
Colombia Blocks 10K Illegal Gaming Websites and Social Media Accounts
Colombia’s gambling regulator, Coljuegos, announced that it has blocked a staggering 10,000 unlicensed gambling websites and social media accounts promoting illegal games of chance. The authority reiterated its stance on offshore entities, vowing to crack down on illicit products. Coljuegos Says 10,000 Entities Have Been Blocked The Coljuegos said that the 10,000 portals it blocked […]
Industry
January 30, 2025
Colombian Government Introduces Tax Measures on Gambling
The Colombian government has put into action a Value Added Tax (VAT) on online gambling. This move aims to bring in urgent funds to deal with the humanitarian crisis in Catatumbo. Petro’s Government Revives Online Betting Tax to Raise $500M President Gustavo Petro declared a state of internal commotion giving the government temporary powers to […]
Casino
January 29, 2025
Brazil Poised to Pass Land-Based Casino Law
At the turn of the year, Brazil ushered in a new age of regulated gambling, which effectively saw the rollout of interactive sports wagering and online casinos. Yet, the country has stopped short of expanding casinos to the land-based vertical, something that may be changing before long, with a tentative date set for the summer […]
Legal
January 27, 2025
Loterj Ordered to Cease Operations Outside Rio de Janeiro
The Supreme Federal Court (STF) has reaffirmed its decision regarding the territorial limitation of Loterj’s activities within Rio de Janeiro. Justice André Mendonça issued a stern directive against Loterj and its president, Hazenclever Lopes Cançado, giving the organization five days to implement measures preventing users from accessing Loterj-licensed operators outside Rio’s borders. Loterj Must Immediately […]
Industry
January 27, 2025
Brazil Trying to Stop Welfare Funds from Being Used on Gambling
Following in the footsteps of countries and gambling hubs like France, Turkey, Singapore, Hong Kong, and Macau, Brazil started 2025 by intensifying its efforts to crack down on unlicensed gambling operators. The Central Bank (BCB) of South America’s largest country has recently acknowledged significant technical challenges in preventing welfare funds from being used for gambling. […]
Industry
January 21, 2025
SPA Head Warns Selective Tax Could Be of Bad Omen in Brazil
At the start of the year, Brazil’s government announced a series of decisive measures and fresh gambling rules that would regulate the gambling sector and put an end to black market operations. As explained by the head of the Secretariat of Prizes and Bets (SPA) under the Ministry of Finance, Regis Dudena, the new framework […]
