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New York Times: Bets threaten the future of the "jogo do bicho" in Brazil

New York Times: Bets threaten the future of the "jogo do bicho" in Brazil

The "jogo do bicho" may be facing its final days. According to a report published this Sunday (12) by the American newspaper New York Times, the arrival of sports betting and online games in Brazil is putting the survival of the lottery, which despite being illegal, is traditional in the country, a

23like·0comment01-14
The Supreme Federal Court should schedule a discussion on the legality of betting operations by April.

The Supreme Federal Court should schedule a discussion on the legality of betting operations by April.

The Federal Supreme Court (STF) is set to discuss the constitutionality of betting operations in Brazil in the first half of 2025. The court is expected to review the matter by April. The Attorney General's Office (PGR) has questioned the constitutionality of the legislation. According to the agenc

25like·0comment01-09
Government releases list of bets authorized to operate sports betting and online games in Brazil

Government releases list of bets authorized to operate sports betting and online games in Brazil

The Secretary of Awards and Betting (SPA) of the Ministry of Finance published 16 ordinances in the Official Gazette of the Union this Tuesday (31) with the list of companies authorized to operate sports betting and online games from January 1, 2025. They include 15 definitive licenses, valid until

30like·0comment01-04
Regulation of sports betting: how identity verification strengthens the sector's security

Regulation of sports betting: how identity verification strengthens the sector's security

With the requirement for user verification, the new legislation seeks to prevent manipulations, protect vulnerable groups, and curb illegal practices. Digital identity management tools and anti-fraud analysis play a key role in this process. In an article on the tech portal tiinside, Danilo Barsotti

30like·0comment2024-12-09
Legitimuz forms partnership with Bet7k, Cassino Pix, and BetVera in the regulated iGaming market.

Legitimuz forms partnership with Bet7k, Cassino Pix, and BetVera in the regulated iGaming market.

Legitimuz, a specialist in identity verification (KYC) solutions and Betsafe for the sports betting market in Brazil, announces another strategic partnership with three giants of the sector: Bet7k, Cassino Pix, and BetVera. This collaboration reinforces the commitment of these operations to meet the

29like·0comment2024-12-03
Betnacional points out a safer and more advantageous scenario for everyone with regulation.

Betnacional points out a safer and more advantageous scenario for everyone with regulation.

The regulation of sports betting in Brazil in 2024 has brought significant changes, not only for the platforms but also for the bettors themselves. With the constantly changing scenario, these new rules seek to ensure a safer and more advantageous betting experience for all involved. This is guarant

30like·0comment2024-12-02
Superbet pays R$ 30 million to the government and becomes the first regulated betting house.

Superbet pays R$ 30 million to the government and becomes the first regulated betting house.

Superbet Brasil, a sponsor of São Paulo and Fluminense, has become the first betting house to pay the R$ 30 million grant required by the government to become a regulated company. The information was released by the Panel, from Folha de S.Paulo and confirmed by the company. To make the transaction,

32like·0comment2024-11-26
The Attorney General's Office files a lawsuit against the Bets Law

The Attorney General's Office files a lawsuit against the Bets Law

The Attorney General of the Republic (PGR), Paulo Gonet, has filed a lawsuit in the Supreme Federal Court (STF) against most sections of the laws that regulated online gambling and betting in Brazil. In it, he questions the constitutionality of Laws 13.756 and 14.790, as well as the decrees issued b

33like·0comment2024-11-13
Loterj goes to court and wants to overturn bets authorized in the national list of the Treasury

Loterj goes to court and wants to overturn bets authorized in the national list of the Treasury

The State Lottery of Rio de Janeiro (Loterj) has filed a public civil action in the 13th Federal Civil Court of the Federal District requesting the annulment of the national list of authorized betting houses, published by the Secretariat of Prizes and Bets (SPA) of the Ministry of Finance. The proce

0like·0comment2024-11-01
Alckmin: If regulation of bets is not sufficient, gambling should be banned.

Alckmin: If regulation of bets is not sufficient, gambling should be banned.

During an interview on the program Roda Viva, from "TV Cultura", the Vice President and Minister of Development, Industry and Commerce, Geraldo Alckmin, stated that if the regulation of the sports betting market does not yield results, the Lula government should ban the activity in Brazil. "I think

0like·0comment2024-10-16
Deputy Bacelar: "Gambling is prohibited, but Caixa is a gamble"

Deputy Bacelar: "Gambling is prohibited, but Caixa is a gamble"

Altenar has enhanced the live betting capability of its sportsbook with the launch of a new smart bet acceptance logic, which locks in the odds while players are compiling their plays. With this latest update, the provider adds a function to reduce friction and improve user experience. Thanks to the

0like·0comment2024-10-14
The Legislative Assembly of Rio wants information from Loterj about the accreditation of bets in the state.

The Legislative Assembly of Rio wants information from Loterj about the accreditation of bets in the state.

The Commission of Constitution and Justice (CCJ) of the Legislative Assembly of Rio de Janeiro approved the sending of an information request to Loterj regarding the accreditation of sports betting companies at the state level. The request was an initiative of the CCJ president, deputy Rodrigo Amori

0like·0comment2024-10-10
Paraná announces gambling sites authorized to continue operating after the Union's blockade.

Paraná announces gambling sites authorized to continue operating after the Union's blockade.

In Paraná, there are five sites that operate in a regulated manner and can continue to operate normally and only within the Paranaense territory. The Ministry of Finance released this Tuesday (1) the list with the bets, authorized in Brazil until December. Those not listed are prohibited from provid

0like·0comment2024-10-03
More than 22 million people placed bets last month, reveals DataSenado.

More than 22 million people placed bets last month, reveals DataSenado.

A survey from the DataSenado Institute reveals that men up to 39 years old with complete high school education are the biggest users of sports betting apps in the country. According to the publication "Political Panorama 2024: sports betting, digital scams, and indebtedness", 13% of Brazilians aged

0like·0comment2024-10-02
Fux calls for hearing on bets after action to block regulation

Fux calls for hearing on bets after action to block regulation

Justice Luiz Fux of the Supreme Federal Court (STF) called a public hearing this Thursday (26) to discuss the law regulating online sports betting in Brazil. The decision was made in a case presented to the court by the National Confederation of Commerce of Goods, Services, and Tourism (CNC), which

0like·0comment2024-09-27
How can the regulation of bets impact clubs?

How can the regulation of bets impact clubs?

It's not today that sports betting has invaded the Brazilian market and become the main attraction among sports fans. However, some recent changes tend to reverse a scenario that today is full of uncertainties. Facing an exponential growth of the famous “bets” in Brazil, the Ministry of Finance sanc

0like·0comment2024-09-27
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