The gambling industry in Brazil is quite complex. Apart from legal lotteries, other forms of gambling, such as casino betting, are prohibited in most areas. However, underground gambling activities still exist. The government continues to strive to combat illegal gambling while raising funds for pub
Global lottery operator Brightstar Lottery and international gaming technology company Scientific Games recently announced that they have successfully signed a 15-year franchise agreement with the government of São Paulo State, Brazil. Under the agreement, the two parties will jointly establish a jo
Brazil's Ministry of Finance recently launched a draft proposal for sports betting tax reform, which has stirred up a lot of controversy. The core of the proposal is to unify the currently varying state tax rates of 18% to 27% into a dual-layer structure of federal collection of 12% + local collecti
Brazil's sports betting regulatory framework has finally been established, and the window for the official application of the first batch of operating licenses has recently opened. This historic node has attracted dozens of operators from around the world to submit their application materials. Howev
Brazil's fixed-odds betting market has delivered a remarkable report card just one year after opening. From a blank slate to full bloom, the regulation process is undoubtedly the biggest engine of this "rampage," not only attracting massive users but also bringing considerable tax revenue to the gov
Brazil's gambling industry is standing on the threshold of a historic change. According to exclusive insights from industry authority Manio Jose, a bill that could completely transform the country's gambling landscape—allowing casinos in resorts and tourism complexes and regulating traditional games
Brazil's online gambling market is entering a critical development phase. In a recent interview, Vinícius Nogueira, CEO of BETesporte, stated that the new regulatory framework by the federal government has brought greater clarity and security to the market. This is not only an important step in the
Kalshi founder Luana Lopez Lara revealed that the company plans to enter the Brazilian market in early 2026 to expand its international business footprint. As a hot enterprise in the gambling industry in 2025, Kalshi's valuation has reached 11 billion US dollars, and the relevant Brazilian predictio
Brazil officially launched online gambling regulation on January 1, 2025, ending years of market chaos, and now it has been a full year since the regulation took effect. During this period, licensed operators quickly adapted to compliance requirements, and the market size has steadily expanded, but
The legalization process of physical casinos in Brazil has encountered another setback, with the Senate plenary rejecting the emergency voting request for the related bill, PL 2234/2022, by a vote of 36 against and 28 in favor. The bill will proceed through the regular legislative process, and the s
Brazil's Congress has successively passed the PLP 128/2025 fiscal bill in the short term, proposing to cut federal tax incentives and gradually increase the tax rates for industries such as gambling. The bill has been submitted to the president for approval. This adjustment covers multiple areas inc
The dust has settled on the tax policy for Brazil's licensed gambling industry, with the Senate passing the bill for a gradual increase in gambling taxes by a large majority, pending only the final approval of the president to take effect. This adjustment will be implemented in stages, balancing fi
Brazil's gambling industry has received a brief respite. A highly controversial bill that would have imposed a 15% tax rate on player deposits has been officially postponed until 2026. This tax proposal, named CIDE-Bets, aimed to inject about 30 billion reais (approximately 5.5 billion USD) in annua
When the Brazilian online gambling market officially regulated in 2025, most new iGaming companies kept asking the same question: Is this market really worth a heavy investment?The answer given by Bragg Gaming in Brazil clearly carried an "anti-intuitive" industry meaning.After studying the "Bragg 2
Brazil has taken a landmark step in the field of responsible gambling. Its gambling regulatory authority (SPA) has recently launched a national self-exclusion platform, allowing players who feel the need to control their gambling to voluntarily request to be excluded from all licensed gambling websi
The Brazilian Federal Supreme Court recently issued a preliminary ruling that could reshape the country's lottery market structure, urgently halting all lottery operations run by municipal authorities. Justice Nunes Marques issued the injunction on Wednesday, immediately suspending all municipal law
Flutter has made significant efforts in the Brazilian market, acquiring a 56% stake in NSX, the parent company of the well-known local brand Betnacional, and instantly gaining 11% market share along with valuable local experience. Now, they are combining global technological strength with localized
