Brazil's SPA reinstates licenses for five gaming companies, sparking industry controversy over regulatory fairness.

After submitting the required technical assessment reports, the Brazilian Prize and Betting Secretariat (SPA) has reinstated the licenses of five betting companies, lifting the suspension previously imposed due to missing technical documents. This suspension was first announced last week, initially

As the advertising ban approaches, how can the Brazilian gambling industry avoid "cutting off its own arms"?

With the approval of Bill No. 2985/2023 in the Senate, Brazilian gambling advertising is facing stricter regulation. Although the initial proposal for a complete ban on gambling advertising was removed, the existing bill still prohibits gambling advertisements during live sports events and restricts

After the European market is saturated: Why are smart operators turning the tables with the "African price war"?

Due to time constraints, the Brazilian Senate Online Gambling Investigation Committee has requested an extension to investigate regulatory violations in the gambling industry.

Brazilian Senator Soraya Thronicke, as the head of the investigation into violations in the online gambling industry, is actively seeking more time to complete the collection of testimonies and the writing of the final report. Due to the tight schedule, committee members are seeking to extend the in

Clubs unite in protest! Brazil's newly opened gambling market faces an advertising ban?

Inside the Brazilian Gambling Law: Reform, Regulation, and Opportunities!

Brazilian football clubs unite to call for a reevaluation of gambling advertising restrictions, highlighting the risk of economic losses to the industry.

Several Brazilian football clubs recently issued a joint statement expressing their concerns about the gambling advertising replacement bill proposed by Senator Carlos Portinho, urging the Senate to reassess the commercial restrictions on gambling advertising in sports venues.The bill intends to lim

A video that helps you understand Brazil's gambling laws and regulations!

SkillOnNet and Habanero Join Forces to Enter Brazil, Expanding Regulated iGaming Market

As the regulated online gambling market in Brazil rapidly develops, SkillOnNet has announced an expansion of its partnership with game provider Habanero, officially introducing its rich game content to Brazil. This move responds to changes in the Brazilian regulatory environment earlier this year, h

Brazilian Senate passes advertising restriction bill: Gambling promotions to face strict regulation

The Brazilian Senate has recently officially passed the PL 2.985/2023 bill, which aims to strictly limit gambling advertisements, particularly focusing on fixed-odds betting advertisements. This legislative action marks a tightening of regulations on the gambling industry in Brazil, especially in te

The Brazilian study on "the impact of online virtual gambling games on Brazilian household financial expenditure" may end without results.

As the investigation deadline approaches, the Brazilian Congress seems to be hastily concluding its scrutiny of the gambling industry. The Special Commission of Inquiry (CPI) on Gambling, led by the Senate, is facing time pressure, and Senate President Davi Alcolumbre has made it clear: no more exte

To break into the Brazilian gambling market, Comtrade executives detail the five major challenges faced by the company.

With Brazil officially opening online gambling from January 2025, the global gambling industry quickly focuses on this hugely potential emerging market.Even before the regulatory system was in place, the valuation of Brazil's gray market had reached $3.4 billion. According to forecasts, by 2029, Bra

Brazil's gambling market heats up, businesses must overcome five major hurdles to succeed.

After years of anticipation, the gambling industry has finally set its sights on Brazil, a burgeoning regulated market, attempting to seize this highly anticipated major opportunity.However, as Steven Valentine, Chief Commercial Officer at Comtrade Gaming, stated, if one hopes to maximize profits i

Brazilian regulation drags down performance, Better Collective Q1 revenue falls 13% to 83 million euros.

Better Collective announced its Q1 2025 revenue as 83 million euros (approximately 93 million USD), a 13% decrease year-over-year. The organic growth rate fell by 18% due to regulatory environments in the US and Brazil. Nevertheless, the group's EBITDA, excluding special items, still reached 22 mill

After the acquisition, NSX CEO João Studart will take charge of Flutter's Brazil operations, integrating the strengths of Betfair and NSX.

As the industry giant Flutter International completes the acquisition of key assets of the Brazilian market, Betnacional's parent company NSX Group, NSX CEO João Studart will fully lead the merged Flutter Brazilian operations. This business unit will consist of the existing Betfair Brazil operations

User Engagement Skyrockets! Unveiling the New Solutions of Latin American Game Operators!