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
In the third quarter, the online gambling market in Latin America showed some fluctuations, with Brazil's growth not as fast as expected, and Colombia's tax issues adding a lot of uncertainty. Various operators have released their performance reports, let's take a look at their specific performance
Brazil's regulatory body SPA recently introduced new regulations aimed at enhancing gambler protection, including the establishment of a centralized self-exclusion platform and mandatory betting limits. These policies are in line with the 2025-26 regulatory agenda and are expected to be implemented
Brazil's state-owned bank Caixa has delayed the launch of its gambling business due to political pressure, highlighting contradictions in Brazil's regulatory system and sparking widespread discussion about market competition and the bank's potential. Experts note that the delay could affect the stab
The Federal Court of Accounts (TCU) in Brazil recently found that before the ban in January this year, over a quarter of the funds from the Bolsa Família program were spent on gambling, totaling 3.7 billion reais. This highlights the urgency of monitoring the use of these funds.Research Data and
The initiative by Caixa Econômica Federal to launch gambling operations has sparked political controversy and industry attention. Despite the state-owned bank's monopoly on federal lotteries and its 15,000 sales outlets, having obtained an operating license and technical collaboration with Playtech,
Superbet Group announces a major reshuffle of its senior management team, with founder Sasha Dragic to take over as the sole CEO from January 1, 2026. Former Co-CEO Jimmy Merman will step down and rejoin the board, current Group COO Albert Simson Thorne is promoted to Deputy CEO, and International C
The Brazilian Prize and Gaming Secretariat (SPA) announced a 30-day extension to the compliance period for prohibiting social welfare beneficiaries from participating in gambling. The ban was officially enacted through Regulatory Decree No. 2217/2025 and Regulatory Directive No. 22 at the end of Sep
Senator Sérgio Petecão (Social Democratic Party) has introduced a new bill in Congress proposing to temporarily increase the fixed odds betting (online + offline) tax rate from 12% to 27.5% until the "Selective Tax" (Imposto Seletivo) is officially implemented. In other words, this is a "transitiona
Game provider 3 Oaks Gaming has established a partnership with Brazil's renowned online gambling operator Aposta Ganha, introducing its slot game portfolio to the Brazilian market and accelerating the company's business expansion in Latin America. This collaboration is based on the Brazilian iGaming
The Brazilian federal state-owned bank Caixa Econômica Federal announced that it will officially enter the regulated gambling market in November 2025, operating fixed-odds betting through its subsidiary Caixa Loterias Ltda with three brands, directly competing with private operators. Caixa President
Brazil's Workers' Party leader in the House of Representatives, Lindbergh Farias, proposed a new bill (PL 5,076/2025) on October 9th, planning to raise the gambling tax rate in the Brazilian market from the current 12% to 24%, doubling the rate. The proposal was made the day after a temporary measur
Philippine gaming company DigiPlus Interactive Corp. announced that its first overseas gaming platform GamePlus, based in Brazil, has been temporarily taken offline since October 10th for strategic adjustments. The platform decided to suspend services just weeks after its launch, aiming to undergo a
Join the Deep Gambling Information Group: PASA Deep⚠️DigiPlus Interactive Corp. announced that its first overseas gaming platform GamePlus launched in Brazil will be temporarily offline starting October 10.This platform, which was only online for a few weeks, has entered a strategic adjustment phase
Superbet Brazil's General Manager Mark Flood recently stated that the real challenge facing the Brazilian betting market is not black market activities, but increasingly fierce market competition. Although the industry estimates that the black market share is as high as 70%, Flood believes the actua
The Brazilian Prize and Betting Secretariat (SPA) recently issued new regulations, completely prohibiting beneficiaries of social welfare such as Bolsa Família and continuous welfare benefits from participating in any form of gambling activities. According to the normative regulation No. 2,217/2025,
Stake's Latin American Legal and Compliance Director Laura Maria Gomez Betancur recently stated that emerging regulatory markets such as Brazil and Peru need to maintain policy stability, allowing operators more time to adapt and avoid implementing major regulatory changes prematurely. This view was
