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Bets and Payment Methods in Brazil: Challenges and Regulatory Alternatives

Bets and Payment Methods in Brazil: Challenges and Regulatory Alternatives

Pix is responsible for moving R$ 21 billion monthly in the iGaming market. Lawyers Gabriela Borges and Gustavo de Santana, from FGV Direito Rio, point out in an article in Jota that regulators have banned the use of credit cards, but the impact is limited, as the method created by the Central Bank

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The CPI of Bets may summon Deolane, Safadão, Jojo Todynho, and Tirulipa.

The CPI of Bets may summon Deolane, Safadão, Jojo Todynho, and Tirulipa.

The Senate's CPI on Bets may vote this Tuesday (19) to summon artists and digital influencers involved with the promotion of virtual betting platforms. Among them are the lawyer and influencer Deolane Bezerra, singers Wesley Safadão and Jojo Todynho, and comedian Tirulipa. The meeting is scheduled f

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Legitimuz offers KYC solutions to meet the new immediate requirements of Ordinance 1,231.

Legitimuz offers KYC solutions to meet the new immediate requirements of Ordinance 1,231.

Legitimuz, a leading company in user identification and identity verification onboarding, is fully compliant with the new rules issued by Minister Luiz Fux of the Supreme Federal Court. With its tools, the company is able to confirm the registered data of users while performing cross-checks against

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STF releases list of speakers for public hearing on the impacts of online betting in Brazil

STF releases list of speakers for public hearing on the impacts of online betting in Brazil

Minister Luiz Fux of the Federal Supreme Court (STF) has announced the schedule and the final list of speakers who will participate in the public hearing next week (11th and 12th) to discuss the impacts of online betting in Brazil. It was convened under the Direct Action of Unconstitutionality (ADI)

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For 75% of Brazilians, online betting should be more transparent about transactions.

For 75% of Brazilians, online betting should be more transparent about transactions.

A recent study conducted with over 800 participants in Brazil by Zimpler, a European company that offers secure payment solutions, concluded that a significant majority (75%) agrees that online betting sites should be more transparent about fees and transaction costs. Most of them also prefer virtua

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Angelo Coronel defends the regulation of bets and says that the government could already be collecting revenue from betting.

Angelo Coronel defends the regulation of bets and says that the government could already be collecting revenue from betting.

Senator Angelo Coronel advocates for the regulation of online betting, highlighting that the delay in implementing the rules causes the government to lose revenue. He states that it is essential to generate income, improve oversight, and support social and public health programs. For Coronel, the de

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Betfair holds a webinar for Brazilian journalists on betting in the American electoral race

Betfair holds a webinar for Brazilian journalists on betting in the American electoral race

The electoral dispute between Donald Trump and Kamala Harris is expected to be fierce, according to the global betting market. So far, more than R$ 550 million have been moved globally on the Betfair platform, and the company held an exclusive webinar for Brazilian journalists on Wednesday (9). Ther

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