After aborting plans for an open licensing system, Brazil now intends to award just 30 concessions for online and retail sports betting, according to a consultation notice published on Tuesday.
Brazil is now preparing to adopt regulations for online sports betting without reducing the headline tax rate from 3 percent of turnover to a more competitive 1 percent, after an effort to amend...
A joint venture of IGT and Scientific Games is set to land a 15-year concession to operate instant lotteries in Brazil after submitting the only offer at an auction in Sao Paulo on Tuesday.
GVC is looking for BetMGM to capture a 10-15 percent share of New Jersey’s sports-betting market by mid-2020, but is almost as excited about Brazil as the United States, CEO Kenny Alexander said on...
Companies applying for sports-betting licenses in Brazil would have to affirm that neither they nor their technology providers have ever operated illegally in “regulated markets”, according to a...
Brazil will propose an open licensing regime for sports betting and seek to apply a reduced tax rate of one percent on turnover, the country’s chief lottery official has said.
Brazil’s government is seeking industry input on how to construct its regulatory regime for sports betting, opening a consultation on taxation, enforcement and the merits of open licensing versus a...
Brazilian policymakers should act fast to implement a new law to regulate sports betting and pass additional legislation to authorize casinos, according to lawmakers and other speakers at this week...
Brazil’s efforts to privatize its instant lottery market suffered another setback on Monday after a second bid process concluded without any takers for a 15-year exclusive license.
Updated New York sports-betting bills will permit tribal participation, the government of Denmark has created a panel to review its esports market and Brazilian lawmakers are set to debate online...
Online betting companies are lining up to fill a sponsorship void by associating their brands with Brazilian football teams in the wake of a landmark sports-betting law passed in December.
A Brazilian congressman has introduced a stripped-back gambling bill limited to land-based casinos, a move that underscores ongoing divisions about the best approach to gaming expansion.
Brazil will offer the biggest new market opportunity for sports-betting operators over the next few years, ahead of any U.S. state, according to Brazilians speaking at last week’s ICE gaming expo...
President Michel Temer has added his signature to a bill authorizing fixed-odds sports betting as an approved lottery game, starting the clock on a two-year period for critical policy questions to...
Regulated sports betting is coming to Brazil, but how licenses will be awarded and a future regime is enforced are among a number of critical issues that remain uncertain, according to Brazilian...
A bill that would authorise fixed-odds sports betting in Brazil was passed on Tuesday by the lower house of Congress, giving the Senate just over a week to act on the measure and open a major new...
Brazil’s government would be granted a window of two years to regulate online and land-based sports betting under the terms of a lottery reform bill approved on Wednesday by a joint committee of...
General elections concluding this Sunday are set to herald a sea change in Brazilian politics, but gambling advocates are split on whether the disruption will harm or help their efforts to regulate...
A troubled process to privatize Brazil’s instant lotteries market failed to attract any bidders by Monday’s deadline, dealing the latest in a series of setbacks for efforts to liberalize the...
A paradigm shift on gambling by Globo, Brazil’s largest media conglomerate, could be pivotal in the ongoing debate over the legalization of casinos and other gaming operations in South America’s...

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