The Brazilian market has opened up, with a large number of sports events (most notably football) approved for fixed-odds sports betting, and local reports also indicate a large number of licenses have been approved. According to the Sports Department, the Brazilian government has approved sev
Brazil's leading fantasy sports operator Rei do Pitaco (RDP) has officially entered the country's regulated sports betting market. Founded by Kiko Augusto in 2019, RDP dominates the fantasy sports sector, holding over 90% of the market share in Brazil.With the support of a $39 million investment fro
Senator Damares Alves says that bets are now moving amounts close to Brazil's soy exports and proposes, in her report, the prohibition of advertising and sponsorship by these companies, a business that currently supplies clubs, TV stations, and finances sports. She is the new rapporteur on the matte
This department has established a new partnership with Sportingtech to develop mobile applications for the Brazilian sports betting and iGaming market.This collaboration will allow The Unit to create native iOS and Android applications for Sportingtech's brand, building on the recent redesign of Spo
The International Betting Integrity Association (IBIA) has unveiled a new Monitoring & Alerting Platform aimed at better safeguarding regulated betting markets and protecting consumers. The tool upgrades the technology platform that supports the IBIA’s global integrity monitoring network by s
The Brazilian Ministry of Finance has signed two separate agreements aimed at enhancing the integrity of sports betting, preparing for the launch of the regulated online market early next year. Firstly, the Brazilian Ministry of Finance, through the Secretariat of Awards and Betting (SPA), has signe
Kambi Group has signed a long-term agreement with Brazilian daily fantasy sports operator Rei do Pitaco (RDP) to provide its Odds Feed+ product ahead of the launch of Brazil's regulated sports betting market in January 2025. Under this new agreement, RDP will have access to Kambi's odds information
One of Brazil's leading sports betting companies, Esportes da Sorte, is currently under investigation by Operation Integration. The agency questions the legality of the company's activities and has doubts about its performance in the market. In response, Esportes da Sorte has formally defended its p
Recently, Reals mentioned in an interview, "Reals has always supported the entire regulatory process of Brazilian sports betting and is now showing great readiness, as it is one of the first companies to complete this important step. With the implementation of the new regulations, all parties will b
Recently, the work of 1xBet has once again been highly praised by industry professionals. The company was nominated for the prestigious 2024 CGS Awards in the Best Sports Betting Company category. The winners will be selected by a distinguished jury composed of industry experts based on online voti
The Brazilian gambling market has been simmering for several months. However, before it truly becomes a golden opportunity, the Brazilian gambling industry must overcome the challenges brought by complex tax regulations, as emphasized by Carla Dualib, Regional Business Development Manager at SOFTSWI
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