Location: Brazil
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
President vows “no love to gambling” in Brazil’s election year
The PT government has threatened to take a ‘tougher direction’ on gambling as a new round of finger-wagging begins in Brazilian politics... more
Brazil declares US$7 billion in gambling revenue in market’s first year
The Secretariat of Prizes and Bets (SPA), has revealed full economic results for 2025, tracking the first year of Brazil’s online gambling... more
New gambling and entertainment center opens in State of Paraíba in Brazil
A new establishment located in João Pessoa the capital city of the state of Paraíba in northeastern Brazil is set to open this week. The... more
Flutter’s international reach may provide bulwark against UK tax burdens
A year of challenges and changes awaits, and while Flutter Entertainment is just as aware of what lies ahead of it in 2026 the global... more
Brazil’s president signs betting tax increase into law
President Luiz Inácio Lula da Silva has signed into law legislation that will increase taxation on betting companies operating in Brazil,... more
Kalshi co-founder targets Brazil predictions entry in 2026
Luana Lopes Lara, co-founder of US prediction market platform Kalshi, said the company is exploring a possible expansion into Brazil in... more
Brazil: Land-based casino legalization faces another setback after Senate urgency vote rejected
The long wait for Brazil to legalize land-based casinos will go on after a request for an urgent vote on the matter was denied. On... more
Brazil edges towards gradual gambling tax rise after Senate approves measure
The licensed Brazil gambling sector looks set to soon face an increased tax rate after the Senate approved a gradual rise. On Wednesday,... more
Representative defends bill that legalizes casinos and says measure will boost tourism in Brazil
Speaking to Portal Poder 360, Federal Representative Newton Cardoso Jr. (MDB-MG) stated during BiS Brasília that regulating gambling and... more
