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Brazil sports betting tax rate set at 12% as attempt to remove igaming fails; Senate vote this week

November 26, 2023 - A reduced 12% tax rate for Brazil sports betting was confirmed after the country’s Economic Affairs Commission (CAE) approved Bill 3,626/23 [Wednesday] while an attempt to remove igaming from the... Read more »

Brazil sports betting regulations heading for Senate floor next week

November 16, 2023 - The process for regulating sports betting in Brazil could come to a successful close next week as draft regulations are set to hit the Senate floor on Tuesday. That’s according... Read more »

Legislative leader demands September showdown over Brazil sports betting bill

September 6, 2023 - September is poised to be the make-or-break month for the passage of Brazil’s desired federal sports betting marketplace, as pressure mounts on the government to settle final terms. [Last week],... Read more »

New Brazil sports integrity body forms in wake of betting scandals

March 8, 2023 - A consortium of organisations with a stake in Brazilian sports betting have announced the formation of a new non-profit Brazilian sports integrity body, the Associação Brasileira de Defesa da Integridade... Read more »

Brazil sports betting back to square one as president declines to sign regulations

December 13, 2022 - The future of regulated sports betting in Brazil was thrown into doubt [Monday], as outgoing president Jair Bolsonaro failed to sign the country’s sports betting regulations before the deadline to... Read more »

Brazil bets big on legalizing sports betting, while Quixant prepares to drive its growth

March 12, 2024 - For years Brazil has seen neighbouring LatAm countries embrace the lucrative world of gaming and sports betting and as one of the world’s largest economies, it has always had the... Read more »

Brazil’s advisor on sports betting implementation leaves government, rocking final steps of launch

February 20, 2024 - The Ministry of Finance of Brazil has confirmed that José Francisco Manssur has resigned from his post and will no longer participate in the final procedures of the forthcoming launch... Read more »

Brazil to consider ban on celebrities in sports betting ads

February 20, 2024 - A potential ban in Brazil on celebrities being used in betting advertising is ready to be included on the senate’s agenda in 2024. Brazil is expected to finally have a... Read more »

ICE London: Brazil’s first regulated sports betting and igaming operators live by July; first licensees announced in March

February 6, 2024 - The regulated sports-betting and online-casino market in Brazil is expected to be live by July, with the first licensees likely to be revealed in March, an advisor to the Brazilian... Read more »

Analyst weighs in on California online sports betting, Brazil igaming

January 8, 2024 - In the course of a research note published Monday, Jefferies analyst David Katz updated his readers on the progress of two political drives affecting gaming. Opposition to Eagle 1’s online... Read more »