Tag Archives: brazil

In the aftermath of a successful SBC Summit Rio, Dotan Lázar, CEO of LSports, assesses the challenges facing sportsbooks within Brazil following a landmark development last year. On December 30, 2023, Brazil witnessed a historic moment as President Lula sanctioned Law 14790, marking the finalisation of sports betting regulation. According to reports, over 100 businesses have shown interest in applying …

Betano is set to replace Assaí as the title sponsor of Campeonato Brasileiro Série A in a three-year deal. According to reports, the Confederation of Brazilian Football (CBF) will receive around 80 million Brazilian reais (£12.5m) per season. Assai’s last contract with Serie A was renewed at about $10m per season. The Kaizen Gaming-owned operator already holds the naming rights …

The Brazilian National Association of Games and Lotteries (ANJL) has appointed Plínio Lemos Jorge as the new president after the end of Wesley Cardia’s one-year tenure as head of the organisation. Lemos Jorge, who is also a lawyer at Lemos Jorge Advogados Associados, holds a master’s degree in Tax Law, a PhD in Business Law, and boasts previous experience as a …

Pressure mounts on Fernando Haddad, Brazil’s Minister of Finance, to name a President of the Secretariat of Bets and Prizes, an appointment needed to finalise the launch of Brazil’s federal sports betting marketplace. In Congress, frustration mounts as the Ministry of Finance has yet to publish the final schedule to launch the ‘Bets’ regime as authorised on 2 January by …

STATSCORE has announced a new partnership with Campeonato Brasileiro de Basquete for the Brasileirão 2024 competition. As the Brazilian Basketball Championship tips off on 15 March, the deal will see the Polish sports data company power the sport with accurate and up-to-date in-venue basketball data available through its ScoutsFeed. “We are proud to partner with the Campeonato Brasileiro de Basquete, …

Brazil founded EstrelaBet serves as the Gold Sponsor of the inaugural SBC Summit Rio (5-to-7 March 2024), the biggest dedicated igaming show to be hosted in Brazil. Attending the Summit Rio,  Fellipe Fraga, Chief Business Officer (CBO) details how EstrelaBet will leverage localised knowledge and brand visibility to capitalise on opening proceedings of Brazil Bets market, emphasising EstrelaBet’s optimal understanding …

OKTO has announced that its strategic portfolio company U4C has been authorised to process payments in Brazil’s Paraiba Lottery. The move demonstrates the multinational payments provider’s preparation for the evolving regulatory framework in the local betting landscape, expanding its footprint in the Brazilian market as well as strengthening its position across diverse sectors. Signed into law just before New Year …

Last February, Better Collective, global gaming’s biggest media group completed its €176m acquisition of Playmaker Capital, diversifying its media portfolio once more to take leadership in South American markets. Ahead of the inaugural SBC Summit Rio (5-7 March), Simon Hovmand-Stilling, CEO of Better Collective South America details no compromise in the strategy to take Brazil’s top spot, building its most …

Banco Central do Brasil has been authorised to expand the Pix payment platform internationally to accommodate cross-border transactions for Brazilian businesses. The decision was taken following a meeting of the Central Bank’s policy advisors on how to maximise global cross-border payment authorisations and efficiencies helping expand Brazil’s international network and resources for business. Pix was first launched by the central …

Brazil’s upcoming sports betting and online casino launch has unsurprisingly been one of the hottest topics of 2024, largely due to the amount of time that the industry has had to wait for the country’s Government to enact a bill that has been swirling around for four years.  Now President Lula has penned that bill, onlookers are dissecting the specifics …