Location: Brazil
Brazil elects Integrity Secretary for Sports and Bets
The government of Brazil has elected Giovanni Rocco Neto to serve as the first National Secretary of Sports Betting for the Economic... more
Report: Legal operators could cover just 9% of Brazil’s betting market
Yield Sec’s latest data, seen exclusively by iGB, suggests licensed betting brands could make up only 9% of Brazil’s total online... more
Brazil Senate faces calls for September vote on land-based gambling reforms, including casinos
Gambling developments in Brazil see Senator Irajá Abreu push the Senate to complete its review and vote on Bill 2,234/22 by the end of... more
Operator of Brazil’s federal lottery expects to be a major player in the upcoming betting market
Caixa Loterias president Carlos Antônio Vieira Fernandes believes the company will be one of the leaders in the upcoming Brazil betting... more
Preparing for gambling black market battle, Brazil partners with social networks
The Brazilian government is looking to partner with social media platforms and the Central Bank of Brazil to help the fight against the... more
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
