Location: Brazil
113 companies apply for online gambling licenses in Brazil as application window closes
A total of 113 companies have officially applied for federal licences to operate online gaming and betting in Brazil, with over 50... more
MGM to form joint venture with media powerhouse Grupo Globo to launch BetMGM in Brazil
MGM Resorts International will form a new venture with Brazilian media conglomerate Grupo Globo to launch BetMGM in Brazil. The deal will... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But they... more
Flutter eyes acquisition of Brazilian brand Betnacional
Flutter Entertainment is eyeing the acquisition of Brazil-facing betting brand Betnacional to expand its reach in the country, NEXT.io... more
Entain makes Brazil and UK central to turnaround plans
The success of Entain’s “transformational” year in 2024 centres on winning in Brazil and the UK, company executives told analysts this... more
Brazil media giants eye betting franchise options
Brazil’s three biggest media firms of Globo, Band UOL, and SBT are reported to be eyeing options to launch online sports betting... more
Brazil senate vote on casinos and other land-based gaming could be delayed until October
The vote to legalise casinos, bingo, jogo de bicho and betting on horseracing in Brazil could be pushed back from August to October. On 19... more
Brazil begins debate to modernize land-based gambling laws
On Thursday, 8 August, the Senate of Brazil will begin hearings on Bill 2,234/22, which carries the federal mandate to modernise Brazil’s... more
Latest ordinance in Brazil gives green light to online games
The highly anticipated Normative Ordinance No 1,207 was published in Brazil’s Official Gazette of the Union, on Wednesday 31 July,... more
Rei do Pitaco becomes third operator to submit Brazil license application
Rei do Pitaco submitted its license application to operate in Brazil on Friday (19 July), becoming the third operator to do so in the... more
