The gambling industry in Brazil is quite complex. Apart from legal lotteries, other forms of gambling, such as casino betting, are prohibited in most areas. However, underground gambling activities still exist. The government continues to strive to combat illegal gambling while raising funds for pub
A committee in the Brazilian Senate has recently advanced a bill that could drastically change the marketing landscape of the country's gambling industry. The bill aims to amend the "Sports Betting Law" by proposing a nationwide ban on advertising for sports betting and online gaming, while strictl
In the two years since the legalization of gambling in Brazil, there was a "gold rush" for football sponsorships, with operators flocking to spend money to secure exposure spots, and nearly all top league teams being "contracted" by gambling brands. However, before the new season kicks off, 6 out o
In January 2025, the online gambling market in Brazil was officially legalized, delivering impressive results in its first year. According to the first annual data released by the Brazilian Awards and Gambling Secretariat (SPA), licensed operators achieved a total gambling revenue (GGR) of 37 billio
As the top sports betting and iGaming industry event in Brazil, the SBC Summit Rio de Janeiro 2026 will kick off grandly at the Rio Centro Convention Center from March 3 to 5. This three-day industry feast, focusing on Brazil's recently regulated vibrant market, will attract thousands of operators,
As the official event kicking off the annual Brazilian gaming industry, CGS Rio 2026 will have a grand opening on March 2 at the Windsor Barra Hotel in Rio de Janeiro. This flagship iGaming conference, crafted by CGS Events, marks its fourth occurrence in Rio and has already become a "weathervane" e
The transformation of online gambling regulation in Brazil has entered a critical phase, with the Ministry of Finance reviewing the legal operation applications of 25 companies, a number that highlights the market's strong interest in this billion-real sector. The license framework sets multidimens
Friends, at the beginning of the new year, Brazil announced an astonishing news: the 2025 "Mega da Virada" year-end lottery jackpot not only set a new record with a total revenue of 30.5 billion reais (approximately ... yuan), but also became an important source of funds supporting various national
Global lottery operator Brightstar Lottery and international gaming technology company Scientific Games recently announced that they have successfully signed a 15-year franchise agreement with the government of São Paulo State, Brazil. Under the agreement, the two parties will jointly establish a jo
Brazil's Ministry of Finance recently launched a draft proposal for sports betting tax reform, which has stirred up a lot of controversy. The core of the proposal is to unify the currently varying state tax rates of 18% to 27% into a dual-layer structure of federal collection of 12% + local collecti
Brazil's sports betting regulatory framework has finally been established, and the window for the official application of the first batch of operating licenses has recently opened. This historic node has attracted dozens of operators from around the world to submit their application materials. Howev
Brazil's fixed-odds betting market has delivered a remarkable report card just one year after opening. From a blank slate to full bloom, the regulation process is undoubtedly the biggest engine of this "rampage," not only attracting massive users but also bringing considerable tax revenue to the gov
Brazil's gambling industry is standing on the threshold of a historic change. According to exclusive insights from industry authority Manio Jose, a bill that could completely transform the country's gambling landscape—allowing casinos in resorts and tourism complexes and regulating traditional games
Brazil's online gambling market is entering a critical development phase. In a recent interview, Vinícius Nogueira, CEO of BETesporte, stated that the new regulatory framework by the federal government has brought greater clarity and security to the market. This is not only an important step in the
Kalshi founder Luana Lopez Lara revealed that the company plans to enter the Brazilian market in early 2026 to expand its international business footprint. As a hot enterprise in the gambling industry in 2025, Kalshi's valuation has reached 11 billion US dollars, and the relevant Brazilian predictio
Brazil officially launched online gambling regulation on January 1, 2025, ending years of market chaos, and now it has been a full year since the regulation took effect. During this period, licensed operators quickly adapted to compliance requirements, and the market size has steadily expanded, but
The legalization process of physical casinos in Brazil has encountered another setback, with the Senate plenary rejecting the emergency voting request for the related bill, PL 2234/2022, by a vote of 36 against and 28 in favor. The bill will proceed through the regular legislative process, and the s
