Brazil
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
The lack of funds at the Brazilian National Telecommunications Agency (Anatel) weakens efforts to combat illegal gambling, with industry insiders in Brazil warning that the legal market is under threat.
The Brazilian National Telecommunications Agency (Anatel) is facing a shortage of enforcement resources, severely affecting its ability to block illegal gambling websites. This has raised concerns within the industry about the effectiveness of the entire legal gambling framework, especially after ga
Brazil grants TQJ-PAR a fixed-odds betting license, allowing three major brands to operate until 2029.
The Brazilian Ministry of Finance's Secretariat of Awards and Betting (SPA) has officially granted TQJ-PAR Participações Societárias SA a fixed-odds betting operating license, allowing it to conduct online and physical betting operations in the country until December 31, 2029.This authorization cov
Rio authorities crack down on gambling ads! Over 300 establishments face scrutiny!
Brazil launches a comprehensive crackdown on illegal gambling financial chains, with over 30,000 platforms potentially facing existential threats.
According to reports from several mainstream Brazilian media, after successfully blocking over 13,000 illegal gambling websites, the federal government is further intensifying its efforts to regulate, shifting the focus from the front-end of websites to the financial support systems behind the platf
Brazil's gambling tax hike sparks controversy, congressional decision key to industry turnaround
The online gambling industry in Brazil is facing unprecedented challenges. Recently, the government proposed to increase the gambling tax rate from the current 12% to 18%, causing a strong backlash within the industry. This tax increase proposal aims to fill the fiscal deficit, but it has also beco
7777 Gaming Accelerates Layout in Latin America: Partners with B4 to Enter Peruvian and Brazilian Markets
7777 Gaming announced a partnership with the well-known operator B4 in Latin America, officially entering the Peruvian and Brazilian markets. Several of their games are now live on B4's platforms bet4.pe and bet4.bet.br, further expanding their layout in South America.This collaboration brings a ser
GGR tax rate surges by 50%! How do Brazilian gambling operators cope with the 18% survival challenge?
Brazilian police crack down on illegal gambling syndicates, seizing $5.4 million in assets and targeting the "Tiger Casino" network.
Brazilian police recently launched a large-scale law enforcement operation in the south, successfully dismantling an illegal gambling network and seizing assets worth about 30 million Brazilian Reais (approximately 5.4 million US dollars).This operation, named "Red Card Action", focused on the coast
Will the Brazilian gambling market become an oligopoly? M&A experts predict a sudden increase in survival pressure for small operators, with possibly only 10 remaining in the future.
Mergers and acquisitions expert Christian Tirabassi recently pointed out that the Brazilian gambling market is rapidly moving towards centralization, and in the future, only 10 to 12 dominant operators may control the situation, while small and medium-sized operators will be gradually marginalized d
Brazil cracks down on gambling advertisements! Rio government names 300 influencers and companies for immediate rectification.
The government of Rio de Janeiro has recently cracked down on online gambling promotions, targeting influencers and related companies. The Consumer Protection Agency of Rio de Janeiro State (Procon-RJ), in collaboration with various regulatory bodies, has officially issued notices to over 300 indivi
Brazilian Gambling Association sues supermarket alliance, counters "false advertising" controversy video
Amid a highly sensitive period for the regulation of the gambling industry in Brazil, a fierce dispute has erupted between the National Association of Gambling and Lotteries (ANJL) and the Brazilian Supermarket Association (ABRAS). Recently, ANJL has officially sued ABRAS, demanding clarification on
The Brazilian Senate may vote on the physical gambling bill before the July recess, with significant public support but strong opposition from evangelicals.
The Brazilian Senate is expected to vote on the legalization of physical gambling before the July recess. The bill has been designated as urgent, and although the specific voting time has not yet been determined, arrangements are being accelerated.According to Brazilian media "Metrópoles", Senate Pr
Brazilian senators rally against casino legalization: Concerns over fostering money laundering and crime
Recently, the Brazilian Senate has been facing a wave of opposition, with some senators strongly opposing the bill to legalize physical casinos, arguing that this move would open the door to money laundering and organized crime. Among them, Senator Eduardo Girão has been outspoken, warning that the
"Red Card Operation" Shocks Brazil: Police Dismantle Illegal Gambling Network Involved in "Jogo do Bicho", Seizing $5.4 Million in Assets
In the southern part of Brazil, the police recently launched a large-scale raid operation, codenamed "Red Card Operation", successfully seizing about 30 million reais (approximately 5.4 million US dollars) in assets from illegal gambling syndicates, including real estate, luxury cars, and financial
Google Opens Brazilian Betting Market: Google Play Store Officially Lists Licensed Gambling Apps
Google has officially announced that it will allow licensed gambling companies to list their official gambling and casino apps on the Play Store in Brazil and to conduct local advertising campaigns. This move signifies Google's full integration with the regulated gambling market in Brazil, opening u
