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
The Brazilian government recently announced the expansion of the legal scope for electronic sports betting, officially incorporating popular global games such as "Counter-Strike", "Valorant", and "Fortnite" into the legal betting projects. This significant policy adjustment was signed by the Ministe
The co-founder and CEO of the Brazilian Responsible Gambling Association (IBJR), André Gelfi, warns that the illegal market still accounts for about 60% of Brazil's monthly gambling total revenue (GGR).Brazil launched its regulated online gambling market on January 1, ending years of regulatory dela
According to SBC News, the British gambling giant Bet365 has officially exited the Chinese market, a move interpreted by outsiders as an important step in strengthening compliance operations and optimizing global business layout.Strategic Adjustment: Focusing on Core MarketsA spokesperson for Bet365
Kambi Group has confirmed the extension of its multi-year partnership with Dutch online gambling operator BetCity, with BetCity continuing to utilize Kambi's turnkey sports betting solution.This renewal was conducted following BetCity's acquisition by Entain in 2022, aimed at solidifying its positio
Insights into the Brazilian Gambling MarketThe Brazilian gambling market refers to the broadly defined online gambling and sports betting industry operating under government regulation. The program has implemented strict licensing and monitoring mechanisms aimed at creating transparency, ensuring c
The Brazilian National Association of Games and Lotteries (ANJL) revealed that there are still 2,000 illegal websites operating in Brazil. Previously, the chairman of the telecommunications regulatory agency (Anatel), Carlos Baigorri, had warned that blocking illegal gambling websites is an ineffici
Sports Betting CPI Chairman, Senator Jorge Kajuru, confirmed that the committee has summoned West Ham United midfielder Lucas Paqueta to attend a hearing related to match-fixing allegations and to testify. Last week, the senator announced that Paqueta had been formally summoned to testify at the end
Brazil is experiencing a surge in online gambling activities using its instant payment system Pix, with related transactions increasing by over 200% since January 2024. According to local reports, the Central Bank of Brazil has viewed this surge as a potential warning sign of declining credit qualit
/ THE END /
