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
Brazil, as the largest country in Latin America in terms of population and area, has a population of over 220 million and an internet penetration rate of 86.6%, providing a solid foundation for the development of the gaming industry. According to Newzoo data, Brazil's gaming market revenue ranked te
As the Brazilian government considers taxing retrospective gray market gambling activities, the Brazilian gambling industry faces a more complex tax environment and industry uncertainty.Background on Retrospective TaxationAccording to local media Metrópoles, a working group formed by the Brazilian A
Gambling quietly spreads, and Brazil is facing an unprecedented "digital gambling" crisis. Although President Eurico Dutra issued a decree in 1946 that completely banned casino operations, various online gambling platforms have emerged like bamboo shoots after a rain, moving the former gambling tabl
BetMGM Brazil announced its official joining of the world-leading Sportradar Integrity Exchange (SIE) integrity trading program, demonstrating its firm commitment to creating a safe and transparent gambling market that complies with industry best practices and Brazilian regulations.The Sportradar In
The Office of the Attorney General of Brazil (AGU) has launched an investigation into Meta, demanding the removal of illegal online gambling promotional content published within Brazil's territory within 48 hours. The investigation found hundreds of ads from unauthorized operators running in the adv
Brazilian Senator Humberto Costa has submitted Bill No. 3754/2025 to the Senate, proposing to raise the minimum gambling age from 18 to 21 and to impose stricter deposit and advertising restrictions on gamblers.The bill stipulates that a player's monthly deposits should not exceed the minimum monthl
As most operators have announced their Q2 financial results, the performance of the Latin American gaming market has attracted significant industry attention. Despite the continued boom in Brazil's online gaming market, tax pressures in Colombia and Peru still pose significant challenges to operator
Inspired Entertainment announced its Q2 2025 financial results, showing solid performance. Total revenue reached $80.3 million, a 7% increase year-over-year, with the interactive business being a major driving force due to its strong growth momentum.The interactive division saw a significant year-ov
Brazil's long-shelved proposal for the regulation of physical casinos will be put back on the agenda after the Senate recess. Bill No. 2234/2022 proposes to allow the legal operation of physical casinos, bingo halls, instant lotteries, and horse race betting, which have been banned since 1946.The pr
In Brazil's largest city, despite Jogo do Bicho (Animal Game) still being categorized as illegal gambling, its vast player base continues to fuel the craze for related gambling products such as online slot machines. For operators, understanding the history, gameplay, and player behavior of this trad
In the Brazilian sports betting market, TV exposure has become a crucial tool for brand growth. By July 2024, BetMGM's viewership surged by 84%, with visits skyrocketing from 2.3 million in March to 24.7 million, quickly becoming one of the top 20 most visited platforms in Brazil, just five months a
Spanish iGaming operator Codere Online recently stated in its first half of 2025 financial report conference call that there are no immediate plans to enter Brazil. CEO Aviv Sher admitted during the conference that replicating Codere's business model in Brazil, a new regulated market, would require
Sports betting brand Rivalo has launched a new advertising campaign, inviting 79-year-old legendary broadcaster José Silvério to come out of retirement and lend his voice, playing the emotional card and evoking Brazilian fans' memories of the golden age. Silvério, one of the longest-serving sports c
The leading Brazilian online betting platform Esportes da Sorte has announced a partnership with local game developer Caleta Gaming, officially launching 26 new video bingo and slot games, further enriching its casino game product line.These newly added games have been certified for the Brazilian ma
To enhance its appeal, the Secretariat of Awards and Betting, under the Brazilian Ministry of Finance, issued Decree No. 1,656/2025 on July 31, adjusting the prize distribution ratios for both regular and special draws of Mega-Sena.According to the new regulations, the prize money for regular Mega-S
