Location: Brazil
Brazil’s president argues for ban on online betting platforms
SAO PAULO (AP) — Brazil’s President Luiz Inácio Lula da Silva said on Wednesday he favors a national ban on online betting platforms, whose... more
Tensions around Brazil’s betting industry shape São Paulo governor race
The Partido dos Trabalhadores (PT) government in Brazil has elected Dario Durigan as new Minister of Finance, who will lead the fiscal and... more
Daniele Cardoso to lead Brazil SPA crackdown on illegal betting
Daniele Cardoso was this week named the new permanent leader of the Secretariat of Prizes and Bets (SPA), the regulator of betting in... more
New Brazil bill to ban retention by banning loyalty programs and cashback
Long-time gambling opponent in Brazil Eduardo Girão has presented a bill seeking to ban certain incentive and retention mechanisms within... more
Brazil sector hits back at president’s ‘disrespectful’ call to ban online betting
Brazil’s President Luiz Inácio Lula da Silva is facing industry criticism after he urged the government to unite to ban online betting, in... more
Lottery operator plans to install VLTs in hotels in Rio de Janeiro
To All Games, a licensed operator for the exploitation of physical and virtual lotteries, and the Institute for Development, Tourism,... more
Brazil’s president vows to end country’s ‘online casino experiment’
President Luiz Inácio Lula da Silva (PT) has escalated his attacks on Brazil’s online gambling regime as he vows to “work with the Congress... more
Kalshi expands into Brazil with XP partnership
Kalshi is expanding beyond the US for the first time through a partnership with Brazilian brokerage XP, Bloomberg reported. Under the... more
Marcus Fortunato named Vice President and General Manager of AGS Brazil
AGS on Tuesday announced that Marcus Fortunato has been named Vice President and General Manager of AGS Brazil. While AGS went live with... more
Brazil approves first prediction markets as financial securities
As the US gambling industry grapples with the emergence of prediction markets, Brazil financial regulators are opening up to similar event... more
