Rio de Janeiro issues new regulations: VLTs and electronic terminals authorized for sports betting and online gaming.

The government of the State of Rio de Janeiro recently issued Decree No. 49804, officially authorizing the use of Video Lottery Terminals (VLT), totem machines, and other electronic terminals in sports betting and online gaming. The related equipment is distributed by the Rio de Janeiro State Lotter

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The CEO of the Brazilian Responsible Gambling Association IBJR warns that illegal operators occupy 60% of the gambling market.

The co-founder and CEO of the Brazilian Responsible Gambling Association (IBJR), André Gelfi, warns that the illegal market still accounts for about 60% of Brazil's monthly gambling total revenue (GGR).Brazil launched its regulated online gambling market on January 1, ending years of regulatory dela

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