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OKTO to assume majority control of U4C and begins to operate as a direct participant in Pix in iGaming.

OKTO to assume majority control of U4C and begins to operate as a direct participant in Pix in iGaming.

OKTO, a multinational specializing in digital financial transactions for the sports betting market, has taken corporate control of U4C, a payment institution authorized by the Central Bank and a direct participant in Pix and Open Finance. This acquisition represents a significant strategic step for

28like·0comment01-09
Controversy in Brazil: the Central Bank acknowledges possible flaws in the study on the spending of Bolsa Família recipients on gambling

Controversy in Brazil: the Central Bank acknowledges possible flaws in the study on the spending of Bolsa Família recipients on gambling

From the financial entity, it was explained that there might be errors in the samples taken for their study, which generated controversy across the country and prompted government actions to prevent social plan beneficiaries from using that money for gambling.Brazil.- Following a request from the ne

0like·0comment2024-10-21
Online Betting in Brazil: the ANJL Denies Central Bank's Figures

Online Betting in Brazil: the ANJL Denies Central Bank's Figures

The entity refuted the figures released last week regarding the amounts of bets made by social plan beneficiaries and the size of the betting market in Brazil.Brazil.- The National Association of Games and Lotteries (ANJL) issued a statement pointing out "serious errors" in the Central Bank's study

0like·0comment2024-10-04

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