According to data released by the Brazilian Federal Revenue Service (RFB), in the first six months since the implementation of gambling regulation in Brazil, the industry has contributed 3.8 billion reais (approximately 687.5 million US dollars) in taxes. This figure was disclosed in the tax monthly
The Brazilian betting market is expected to expand further. Federal Deputy Capitão Augusto recently proposed Bill No. 3388/2025, suggesting that all forms of equestrian and rodeo competitions be included in the scope of online fixed-odds betting. The proposal aims to amend the current Law No. 14.790
After years of anticipation, the gambling industry has finally set its sights on Brazil, a burgeoning regulated market, attempting to seize this highly anticipated major opportunity.However, as Steven Valentine, Chief Commercial Officer at Comtrade Gaming, stated, if one hopes to maximize profits i
Most gambling companies have already released their Q4 earnings, and iGB has studied the performance and future strategies of operators in the region.Brazil launched its regulated online gambling market on January 1, with some listed international giants obtaining comprehensive licenses alongside l
Operators Grupo Aposta Ganha and sports betting provider Betby have commenced operations in Brazil's newly regulated sports betting and gaming market, which officially started on January 1, 2025.Both companies are among the first to meet the new regulatory standards under the supervision of the Trea
The Brazilian market has opened up, with a large number of sports events (most notably football) approved for fixed-odds sports betting, and local reports also indicate a large number of licenses have been approved. According to the Sports Department, the Brazilian government has approved sev
Brazil is about to launch a legal online gambling market, and international operators are vying for market position. Kyle Goldsmith considered how mergers and media partnerships could shape the market in the short term.Looking back at the launch of the gambling industry in the United States six year
The chairman of the National Gambling and Lottery Association (ANJL), Plínio Lemos Jorge, believes that if the illegal market is not effectively combated, legitimate operators may eventually leave Brazil.The head of Brazil's Gambling and Prize Secretariat (SPA), Regis Dudena, revealed that 71 operat
According to a survey conducted by the Central Bank of Brazil, from January to August this year, Brazilians spent an average of about 20 billion reais per month on online gambling sites.The Brazilian "G1" website reported that data from the Central Bank shows that about 24 million Brazilians partici
According to a forecast by the Brazilian National Association of Gambling and Lotteries (ANJL), starting from 2025, the regulated online gambling market is expected to generate 20 billion Brazilian reais in tax revenue for the government.The association states that the regulatory laws for the Brazil
A Superbet, sponsor of São Paulo and Fluminense, has obtained the certificate from eCOGRA (eCommerce and Online Gaming Regulation and Assurance) for a period of one year and thus advances in the regulation process of the Secretariat of Prizes and Bets of the Ministry of Finance. The British consulta
Aposta Ganha is expected to hold up to 10% of the market share in the licensed gambling market in Brazil after obtaining the first batch of licenses and gaining a first-mover advantage.Aposta Ganha announced that its gambling license has been approved by the Bonus and Betting Office (SPA), paving th
ANJL has announced the launch of the "ANJL Compliance Certification," which will be used to identify gambling platforms committed to regulatory compliance. This certification will be available to gambling companies applying for federal licenses through the Treasury Department's bonus and gambling se