Tag Archives: brazil

Winning Post: Another twist in the tale for Brazil’s legislative journey…

Regulus Partners examines further political roadblocks in Brazil’s pot-holed journey towards market regulation. Meanwhile, back in Blighty, industry observers will tune-in to the Gambling-related Harm All Party Parliamentary Group’s one-off session on Children and Gambling. Brazil: gambling regulation – waning The last couple of weeks have produced two significant twists in Brazil’s gambling legislative journey. The first was a Supreme …

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Distribution fallout sees IGT and Scientific Games cancel LOTEX Brazil contract 

IGT Plc and Scientific Games Corporation (SGC) have published a joint statement confirming that they have withdrawn their consortium to operate Brazil’s exclusive LOTEX instant lottery concession.  The lottery technology groups cited that they have been unable to form a ‘crucial distribution arrangement with CAIXA Federal’, Brazil’s state-owned bank and the incumbent retail distributor of lottery products across the country.    …

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Martin Lycka – Torn souls of the great regulatory game

GVC Holdings’ Director of Regulatory Affairs Martin Lycka offers an insight into the lives of the gambling industry’s regulatory experts.  _________  ‘Hic sunt leones’ –  here are lions, is a phrase used in times gone by to denote unknown territories on maps. At the time of its first visionaries, there would have been no easier task than drawing a regulatory …

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SBC Summit Barcelona – Digital: South American high hopes require concrete actions

Following 2020’s disrupted proceedings, leadership eyes have turned to 2021 to see whether LatAm governments will finally deliver on their regulated market agendas for sports betting.  As part of an evening deep dive on LatAm’s regulatory roadmap and political developments Kristal Rovira, Research Director of Americas for VIXIO, asked the panel whether any legislative progress has been achieved during 2020. …

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Barcelona Summit: Betting in the midst of changing technology and social cycles

A captivating discussion on the generational change that sports betting is currently witnessing opened the SBC Summit Barcelona – Digital conference agenda. Two executives locked in the eye of the storm are Jason Robins, CEO of DraftKings, and Sportradar founder Carsten Koerl, who were both on hand to debate 2020’s sweeping reform of betting’s global landscape and standard operating norms.   …

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Belgian Pro League live betting streaming deal for Stats Perform

Belgian - Anderlecht's Vincent Kompany celebrates after winning a soccer match between Waasland-Beveren and RSC Anderlecht, Saturday 29 February 2020 in Beveren, on day 28 of the 'Jupiler Pro League' Belgian soccer championship season 2019-2020. BELGA PHOTO VIRGINIE LEFOUR

Stats Perform has added the exclusive live betting streaming rights for Belgian football’s Pro League and Cup to its portfolio of premium betting video events.  Under the multi-year agreement, Stats Perform will have the exclusive right to distribute live video streams of the competitions to licensed sportsbooks outside Belgium for online and mobile sites, as well as retail betting venues. …

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Brazil appoints agencies to accelerate Sports Betting launch

Brazil has moved forward with its plans to establish a regulated sports betting marketplace after the government appointed a designated agency to take charge of finalising the market’s legislative and regulatory frameworks. The publishing of this week’s federal gazette confirmed that President Jair Bolsonaro had signed ‘Decree 10,467’, appointing Brazilian social development bank BNDES to work alongside the Ministry of …

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IMG Arena nets major media extension with Brazil’s Liga Nacional de Basquete

Sportradar - Copyright: believeinme33 / 123RF Stock Photo

Global sports betting content hub and innovation studio, IMG ARENA has confirmed that it has secured a six-season extension to its global live-streaming partnership with  Liga Nacional de Basquete (LNB), Brazil’s highest tier of professional basketball. The new deal covers an increased number of NBB matches and the Copa Super 8. Launched in December 2008, the LNB brought together the …

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Brazil to issue initial plans on Caixa Loterias sale

Brazil’s federal bank Caixa Economica Federal (Caixa) is expected to disclose its initial plans to privatise ‘non-core’ business subsidiaries this week, as part of the government’s efforts to restructure the financial institution. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here ‘Caixa Seguradora’, the federal bank’s insurance unit, is reported to be first in-line …

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GVC absorbs retail shocks as business recalibrates for critical H2 trading

GVC Holdings stated that it is ‘well placed to balance the year’, as the FTSE100 company absorbed significant retail shocks across its UK and European units, readjusting its full-year EBITDA outlook to £720m-£740m range (dependent on further COVID-19 outcomes). Publishing its interim results for the six month period ended 30 June 2020, GVC noted that the closure of its Ladbrokes …

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