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!

Brazil's gambling legalization six months in: over 150 companies granted operating licenses, market reshuffle accelerates

According to the latest data disclosed by the Brazilian Ministry of Finance, within 180 days after the enactment of the law, a total of 157 companies were approved for operational qualifications nationwide, including 82 sports betting platforms and 75 online casino operators.This number far exceeds

After a 44% plunge in Brazilian market revenue, Flutter spends $350 million to acquire a controlling stake in NSX.

Flutter Entertainment has officially completed the acquisition of a 56% stake in the Brazilian sports betting brand Betnacional operator NSX Group, with a cash consideration of approximately $350 million.This move merges NSX with Flutter's Betfair Brazil operations, forming a new entity under Flutte

Strengthen sports betting regulation, Brazil's Ministry of Sports signs integrity agreement with Sportradar

Sportradar and the Brazilian Ministry of Sports have officially signed a technical cooperation agreement aimed at enhancing the integrity of the country's sports betting environment.The agreement will allow the ministry access to Sportradar's Universal Fraud Detection System (UFDS) and provide train

DATA.BET Strongly Enters Brazil: A New Era for Esports Betting Begins?

Gentoo Media's Q1 revenue fell by 11%, facing setbacks in the Brazilian market and concurrent restructuring pains.

Gentoo Media reports that its revenue for the first quarter of 2025 fell by 11% year-over-year, dropping to 24.8 million euros ($27.8 million).The decline was primarily due to regulatory chaos in Brazil, as well as the company's deliberate move away from lower-margin business activities following it

Brazilian sports betting brand LuckBet launches new TV commercial starring Caio Castro on Sportv and Globoplay.

This Brazilian sports betting brand is doubling its national influence through a humorous new campaign that focuses on customer benefits, responsible gaming, and celebrity appeal.One of the emerging brands in the Brazilian online betting industry, LuckBet has launched a new nationwide advertising ca

From Panama to Brazil: The Wealth Map of Latin America's Online Gambling Industry, Where Should Your Casino Be Located?

Seize the initiative! XX Department collaborates with Sportingtech to create a super app for Brazil's iGaming!

Gambling Overseas Advertising: Essential Strategies and Techniques

In the context of globalization, more and more game developers are turning their attention to overseas markets, especially those with great potential such as the Philippines, Brazil, Indonesia, India, Kenya, and Nigeria.However, how to quickly scale up and reduce promotion costs in these markets has

Avaí signs the largest sponsorship deal in history, with the betting platform 1PRA1.BET.BR becoming the main sponsor.

Avaí Football Club officially announces the signing of a main sponsorship agreement with the online betting platform 1PRA1.BET.BR, with the contract valid until April 2026. This partnership not only becomes the club's most valuable sponsorship in recent years but also marks the beginning of a new ph

Betsson Bets on Latin America's Emerging Markets: Launches in Brazil and Paraguay, Boosting Regional Revenue by 70%

After the latest financial report was released, Betsson CEO Pontus Lindwall emphasized that the newly launched gambling services in Brazil and Paraguay will become the new engines for the company's continued growth in the Latin American market. In the first quarter of 2024, Betsson's revenue in Lati

It's easier than you think! The ultimate guide to applying for the Brazil digital nomad visa!

Brazilian SPA signs a five-year agreement with Integrity Compliance 360, focusing on combating sports betting fraud.

The Brazilian Ministry of Finance's Secretariat of Prizes and Bets SPA has signed a technical cooperation agreement with Integrity Compliance 360. This agreement is part of Brazil's efforts to combat sports betting fraud.This is the fifth such agreement signed by SPA, following similar collaboration