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
On January 1, 2025, Brazil officially launched online gambling regulation, marking a historic turning point for the market once referred to as the "sleeping giant."The latest data shows that the Brazilian online gambling market size has far exceeded expectations in the first quarter, with betting a
I. List of Required Documents for Brazilian Visa Application1. Basic Documents:Original Passport: Valid for more than 6 months, with at least two blank visa pages. Provide old passports if available.ID Photo: Recent color photo on a white background (4×5 cm), both electronic and paper versions requ
Altenar has been certified to provide virtual sports and remote gaming server (RGS) services in Brazil. This certification allows Altenar to offer virtual sports products in Brazil.To meet regulatory requirements, the company has undergone an evaluation process by the local government.The Altenar ce
In April 2025, the Brazilian cryptocurrency investment platform Braiscompany was exposed as a Ponzi scheme, resulting in a loss of $190 million for about 20,000 investors due to false promises of high returns. The mastermind was sentenced to 128 years in prison.This incident not only highlights the
The Brazilian Football Confederation (CBF) has signed an agreement to extend its exclusive partnership with Sportradar in integrity and regulatory services.This will help maintain the safety of the sport and detect any match-fixing incidents throughout the season.Sportradar will use its Universal Fr
In recent years, the Brazilian online gambling market has undergone a drastic transformation from a legal gray area to full regulation. On January 1, 2025, Brazil officially launched its regulated online gambling market, marking a new era for the country's gambling industry. However, this change hi
The Brazilian Ministry of Finance's Secretariat of Awards and Lotteries (SPA) has launched the regulatory agenda for 2025-2026, identifying 13 topics to be regulated within the year. The initiative was first launched through public consultation from February to March 2025, receiving over 200 proposa
To strengthen the supervision of illegal gambling activities, the Lottery and Gambling Bureau (SPA) under the Ministry of Finance of Brazil recently announced that it has officially launched a mandatory reporting mechanism for banks and financial institutions, requiring them to report suspicious tra
The gambling industry is rapidly "devouring" the wallets of Brazilians. According to the latest disclosure by the Central Bank of Brazil, the total monthly betting amount of Brazilians on gambling games has reached a scale of 30 billion Brazilian reais.Meanwhile, banks have started to regard gamblin
Network Gaming enters the Brazilian market by launching Ligavip, a mobile-first sports gaming platform developed in collaboration with Better Collective's leading sports media brand Bolavip.The launch coincides with the start of Brazil's top football league. Ligavip offers fans free prediction games
If you are planning to go to Brazil, have just arrived in Brazil, or are just curious about this land on the other side of the world, then take a close look at this article to get to know Brazil.Pre-departure preparations, etiquette and taboos, general knowledge of humanities and geography, local li
The licenses of Pixbet and three other operators were suspended by the Brazilian gambling regulatory authority, the Secretariat of Awards and Betting (SPA). However, a federal court ruling later restored the authorization for Pixbet.The SPA issued Normative Decree No. 787, which suspended the licens
Bragg Gaming has signed an exclusive cooperation agreement with RapidPlay and acquired its strategic equity. RapidPlay, composed of seasoned professionals in the Brazilian industry, is dedicated to developing content for the Brazilian and Latin American markets, focusing on game performance and loca
