Location: Brazil
Most proposed amendments to Brazil’s ban support maintaining sports betting
The provisional betting ban set in place by Brazil’s president has seen over 40 amendments provided by lawmakers in Congress, which must... more
Jefferies analysts bullish on online sports betting after G2E
Looking back on the recently completed Global Gaming Expo, analysts for Jefferies Equity Research saw “long-term upside opportunities,”... more
Online gambling and crushing debt are transforming Brazil and hanging over its presidential election
For months, Brazil’s presidential race has been consumed by concerns over U.S. meddling, a scandal embroiling the Supreme Court and the... more
Sportradar pins hopes on prediction markets, analyst says
Prediction markets are performing up to expectations for Sportradar, J.P. Morgan analyst Samuel Nielsen wrote in a 29 September investor... more
Nearly 300 illegal betting sites created in Brazil one day after president bans gambling
The Bet Legal platform identified the creation of 415 new illegal betting sites after the publication of the provisional measure... more
Flutter and Entain warn over hit from Brazil’s sudden online gambling ban
Betting giants Flutter and Entain have warned over a hit to annual results after Brazil’s shock move to ban online gambling. Paddy Power... more
Brazilian trade groups ask Supreme Court to suspend online betting ban
Three Brazilian trade groups have filed petitions with the Supreme Federal Court (STF) to suspend President Lula’s provisional measure to... more
Brazil’s president bans online betting less than two years after launch, and nine days before election
RIO DE JANEIRO (AP) — Brazil’s President Luiz Inácio Lula da Silva on Friday signed an order banning fixed-odds betting just over a week... more
Brazil’s top two presidential candidates agree on banning online gambling
Both of Brazil’s next presidential candidates are calling to ban online gaming, ahead of the election on 4 October. Current president Luiz... more
Flutter execs hope for prediction-market shutdown, analyst says
A Ninth Circuit Court of Appeals ruling on prediction markets provided clarity, executives of Flutter Entertainment said, but event... more

