Location: Brazil
S&P Global assigns DigiPlus B+ credit rating, with stable outlook
Leading Philippines online gaming operator DigiPlus Interactive Corp has been assigned a B+ issuer credit rating by S&P Global, with a... more
Brazil prepares to ban online casinos: reports
Brazil’s government is organizing an executive order to ban online casino operations, while excluding sports betting from the proposed... more
Finance minister says Brazil doesn’t depend on betting taxes as calls to ban gambling grow
Brazil’s finance minister defended betting regulation and tougher controls, while stopping short of calling for a ban on gambling. Brazil... more
Brazil president preparing provisional measure to tighten betting regulations
Brazil’s President Luiz Inácio Lula da Silva is expected to send a provisional measure to Congress this week to tighten the regulations for... more
Brazil gambling stakeholders left out of President Lula’s ‘drastic’ strategy talks
The latest move by Brazil’s President Lula da Silva could signal further rifts between the ruling Workers Party (PT) and the gambling... more
Bill in legislature would end online betting in Brazil
Although he signed the Bets Law back in late 2024, creating the legal market as of 1 January 2025, historically left-leaning President Lula... more
Brazil Bets law on death row in election run-up
Brazilian political rhetoric against the Bets Law continues to sour, increasingly pointing towards the most extreme conclusion for the... more
Flutter trying to get its mojo back, J.P. Morgan analyst says
“Material underperformer” Flutter Entertainment “is still trying to get back some of its online sports betting mojo against an increasingly... more
Brazil’s ban on land-based gambling remains in place pending further Supreme Court review
Brazil’s ban on land-based gambling remains in place pending further review, following a hearing held on Thursday (6 August) in the... more
President Lula’s crusade against Brazil’s betting sector rumbles on
Brazil’s government is planning new restrictions and taxes on betting businesses, soon after legal ordinances limiting advertising and... more
