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

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

25like·0comment6 days ago
E-sports Betting New Trends: SuperBet Group Signs with Kings League Brazil

E-sports Betting New Trends: SuperBet Group Signs with Kings League Brazil

SuperBet Group is the new main sponsor of Kings League Brazil. This exciting partnership reflects our commitment to integrating sports events and engaging entertainment activities into the Brazilian market.SuperBet Group has officially become the main sponsor of Kings League Brazil, marking a furthe

25like·0comment04-11
Stake announces the acquisition of Danish operator MonicoPlay, currently awaiting approval from national regulatory authorities.

Stake announces the acquisition of Danish operator MonicoPlay, currently awaiting approval from national regulatory authorities.

Cryptocurrency operator Stake announces the acquisition of Danish operator MonicoPlay, seeking further expansion in continental Europe. In fact, this move still requires regulatory approval from the Danish Gambling Authority, Spillemyndigheden.However, MonicoPlay's VinderCasino brand's recent

28like·0comment01-16
NSX Group celebrates new regulatory milestone betting on a promising future for the Brazilian market

NSX Group celebrates new regulatory milestone betting on a promising future for the Brazilian market

In the historical context of the sector in Brazil, the NSX Group celebrates the acquisition of the definitive official license to operate sports betting through its benchmark brands in the local market, Betnacional and Mr. Jack.bet. In this way, it consolidates its position as a leader in the segmen

29like·0comment01-06
Amusnet obtains certification in Brazil to strengthen commitment to reliable gaming solutions.

Amusnet obtains certification in Brazil to strengthen commitment to reliable gaming solutions.

Amusnet, a global leading provider of games, is pleased to announce that it has obtained gaming certification for Brazil, a significant milestone in its expansion strategy. This achievement comes at a crucial time, with the regulation that came into effect on January 1st. This highlights Amusnet's c

25like·0comment01-04
Rei do Pitaco obtains permanent license to operate sports betting and online games in Brazil.

Rei do Pitaco obtains permanent license to operate sports betting and online games in Brazil.

O Rei do Pitaco, one of the leading sports betting and online gaming platforms in Brazil, celebrates a historic milestone with the acquisition of a license to operate in the country. Out of the initial 80 licenses granted, Rei do Pitaco was one of the companies that obtained the license definitively

24like·0comment01-04
Stake consolidates itself as a force in the gaming sector in Brazil by securing its license in the country.

Stake consolidates itself as a force in the gaming sector in Brazil by securing its license in the country.

Stake, a global iGaming operator, is pleased to announce the approval of its casino and sports betting license in Brazil, consolidating its expansion and presence in regulated markets. "We are very excited about everything that is happening in the country. I am leading a brand that has the ability

20like·0comment01-04
The second SBC Rio Summit will launch the Marketing Alliance and Operator Leaders Summit.

The second SBC Rio Summit will launch the Marketing Alliance and Operator Leaders Summit.

The second SBC Rio Summit will launch the Alliance Leaders Summit, a strategic platform that connects alliance members and operators with key market opportunities in Brazil.SBC announced in a press release: "This new feature will help stakeholders understand Brazil's ever-changing regulations, uniq

26like·0comment2024-12-28
Caleta is the first Brazilian game provider to obtain GLI certification to operate in the country.

Caleta is the first Brazilian game provider to obtain GLI certification to operate in the country.

Caleta Gaming has reached a significant milestone by becoming the first Brazilian game development provider to obtain certification through the prestigious GLI laboratory, globally recognized for its excellence in testing and compliance. The platform assessment includes the RNG (Random Number Genera

31like·0comment2024-12-11
"The passion that drives the growth of the industry in Brazil is a double-edged sword."

"The passion that drives the growth of the industry in Brazil is a double-edged sword."

In an exclusive interview with GMB, coach Leo Judkins shares his work on guiding leaders in time management, effectiveness, management, and other critical topics. In November, he launched the podcast "The iGaming Leader" to address these issues. "The intense passion and enthusiasm driving the indust

31like·0comment2024-12-03
Lottoland's global customer base has reached 20 million, doubling its customer base within five years and expanding its operations to 15 markets.

Lottoland's global customer base has reached 20 million, doubling its customer base within five years and expanding its operations to 15 markets.

Lottoland reports that its global customer base has reached 20 million. This milestone reflects significant growth over the past five years, with the company's customer base doubling from 10 million in 2019. Lottoland is currently active in 15 markets, having added 2.5 million new customers j

29like·0comment2024-11-28
Pay4Fun moves R$ 2.6 billion in transactions for bets in the first half of 2024

Pay4Fun moves R$ 2.6 billion in transactions for bets in the first half of 2024

Pay4Fun, the first payment institution in the entertainment and iGaming sector to be authorized by the Central Bank of Brazil, moved R$ 2.6 billion in the first half of 2024, representing an increase of 121% compared to the R$ 1.2 billion transacted in 1S23. In the same period, it recorded operation

30like·0comment2024-11-27
InplayBet and Playtech sign partnership to expand options in the online gaming market in Brazil.

InplayBet and Playtech sign partnership to expand options in the online gaming market in Brazil.

Last week, inplayBet announced a partnership with Playtech for the launch of 74 new online games, now available in Brazil. A reference in casino-style betting sites, the iGaming provider brings new entertainment options to the public in the country. Currently, more than 22 million Brazilians partic

26like·0comment2024-11-22
Betway withdraws from operating in the regulated sports betting market in Brazil.

Betway withdraws from operating in the regulated sports betting market in Brazil.

Betway, one of the leading global operators of sports betting and online gaming, has withdrawn its license application in Brazil. A company of the Super Group, it was the 24th to be listed in the Betting Management System (Sigap), under the name of Sorento Bay Ltda. The website has just been updated

32like·0comment2024-11-07
Betsson Posts Strong Q3 Results, Looks Forward to Favorable FY Report  

Betsson Posts Strong Q3 Results, Looks Forward to Favorable FY Report  

Betsson Posts Strong Q3 Results, Looks Forward to Favorable FY Report Betsson has published its interim report for the third quarter of the year, posting record-breaking revenue levels ahead of its launch in Brazil’s regulated market.Betsson’s Q3 Was Underpinned by High Activity in Key MarketsBetsso

0like·0comment2024-10-25
Betting Market in Brazil: Actions and Reactions Caused by Regulation

Betting Market in Brazil: Actions and Reactions Caused by Regulation

Games, as a tool for social interaction and a form of entertainment, play a central role in human history. Their presence is notable across various cultures over time, manifesting as an essential practice for social dynamics and human development. Setebit highlights the reflections of Brazilian regu

0like·0comment2024-10-24
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