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Industry
October 23, 2024
Ecuador Flips Sports Betting Ads Switch Back On after Hiatus
Ecuadorians will once again see sports betting advertising float on their TV and smartphone screens, after a previous country-wide ban imposed in 2023, has been lifted by President Daniel Noboa. Ecuador Shakes Off Restrictive Blanket Ban on Gambling Ads Noboa, who has promised to bring around an economic bonanza, and has campaigned on his pro-business […]
Industry
October 16, 2024
Brazil’s President to Discuss Credit and Billionaire Taxation with Bankers
At the start of the month, we reported on Brazil’s sports betting industry facing a potential ban unless proper regulations addressing the potential harms of gambling were not addressed, as warned by President Luiz Inacio Lula da Silva. The country that made betting on sports legal in 2018 never reached the point of also officially […]
Industry
October 11, 2024
Brazil to Block Thousands of Sites as Regulated Betting Looms
The Prizes and Betting Secretariat (SPA) of Brazil’s Ministry of Finance has once again reminded operators that have not applied for a license that they face blocking. As announced several weeks ago, only those who have demonstrated an interest in acquiring a license will be allowed to operate during the transitional period before the official […]
Industry
October 9, 2024
Brazil Whitelists Three More Operators Ahead of Its Regulated Market Launch
The Brazilian government has added Stake, Hiper Bet, and LBBR to its official whitelist of betting operators that have received approval to operate within the transition period from 1 October to 31 December before the nation launches its regulated betting sector. These additions bring the total number of authorized operators to 96, which manage 213 […]
Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Industry
October 2, 2024
Brazil Allows 89 Operators to Operate Until the End of the Year
Brazil’s Ministry of Finance announced that 89 operators will be permitted to offer their products by the end of the year. The country had previously announced that the period from October 1 to December 31 will be a transitional phase during which only those serious about doing business in Brazil will be allowed to operate. […]
Industry
October 1, 2024
Brazil to Enforce Crackdown Plan Aimed at Illegal Gambling
At the start of September, Brazil announced it was ready to block several websites offering risky products leading to excessive gambling. The decision was aligned with the country’s ongoing efforts to enhance player protection, especially in the context of the upcoming opening of the regulated betting market scheduled for January 1, 2025. At the start […]
Legal
September 25, 2024
Brazil: Judge Lifts Arrest Warrant for Gusttavo Lima over Illegal Gambling
An arrest warrant over suspicion of money laundering and ties to illegal gambling issued against a famous Brazilian singer was overturned earlier this week. Allegations Against Gusttavo Lima Result in Pre-trial Arrest Warrant On Monday this week, Judge Andréa Calado da Cruz issued a pre-trial arrest warrant against the popular singer, Gusttavo Lima. The order […]
Industry
September 17, 2024
Brazil Warns Unlicensed Operators to Cease Operation from October 1
Brazil’s Ministry of Finance warned that sports betting businesses that have failed to apply for a license will be suspended from October 1. This deadline comes ahead of the launch of Brazil’s regulated sports betting and aligns with the country’s ambition to shift toward a more orderly market. Operators That Have Applied for a License […]
Industry
September 17, 2024
ANJL Answers Claims Bettors Sacrifice Household Expenses to Play
At the start of the week, we reported the president of the Brazilian Federation of Banks, Isaac Sidney, asked the government to speed up the ban on using credit cards to place online bets, reiterating the growing concerns regarding problem gambling in the country. On the same day, the country’s betting trade body, the National […]