After regulatory implementation, the Brazilian online gambling market has experienced explosive growth: first quarter performance far exceeded expectations.
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
Brazilian Online Gambling Insider: Policy Changes, Grey Markets, and Industry Maneuvering
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
Success or failure hinges on this: Brazil's online gambling market faces the Supreme Court's ultimate test.
Brazil's regulated online gambling market was originally set to launch on January 1, 2025, but faces significant uncertainty due to a series of legal challenges being considered by the country's Supreme Federal Court (STF).As highlighted by Vixio, there are currently five cases under review, with La
Brazil approves 71 online gambling operators, ushering in an era of comprehensive regulation for the online gambling industry.
The online gambling industry in Brazil is undergoing significant transformation. Regis Dutra, the Minister of the Treasury's Bonus and Betting Department (SPA), announced that as of January 1, 2025, only licensed gambling companies will be able to operate legally.Out of the 114 companies that appli
Brazilian opposition's new bill calls for banning online gambling to protect mental health, PASA comments: Tough!
Brazil has introduced a new bill aimed at banning online sports betting nationwide, due to growing concerns about the psychological health issues and associated financial risks it brings.The bill, proposed by Senator Sérgio Petecão, is officially named Bill 4.031/2024. It has been submitted to the B
Survey shows the impact of gambling on the Brazilian economy
Brazil is preparing to launch regulated online gambling in January 2025, a new survey by market research company Hibou found that 10% of the population has encountered financial problems due to gambling. The survey of 2,839 respondents from various social strata found that 68% gamble, with 16% facin
QG Bet officially launched on the Brazilian Sportingtech platform
Sportingtech announces that Brazilian operator QG Bet has officially gone live on its platform.Following success in the Brazilian market, this move will further strengthen Sportingtech's influence in Brazil. QG Bet will use Sportingtech's platform to enhance the gaming experience for Brazilian playe
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