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6 results for “Brazil sports betting”
Brazil’s Illegal Betting Market Dwarfs Legal Ops 355-to-1, Threatening Fiscal Revenue
A new report shows 355 illegal sports betting domains for every one authorized by the Ministry of Finance, challenging Brazil’s new regulation.
Lula Rejects Privatization of PIX, Doubling Down on State Control of Brazil’s Digital Finance
President Lula used his address at the UN General Assembly to declare that Brazil will not privatize the PIX instant payment system, eliminating a major opportunity for private finance.
Brazil’s Problem Gambling Costs Public Health System R$30.6 Billion Annually, Study Finds
A new study shows the health cost of problem gambling far outweighs the tax revenue allocated for mitigation, creating a major fiscal challenge for Brazil's public health system.
Lula Threatens to 'End' Brazil's Regulated Sports Betting Sector
President Luiz Inácio Lula da Silva escalated his rhetoric against online sports betting, calling it a "disease" and threatening to abolish the sector his government recently regulated, creating policy uncertainty for a multi-billion real industry.
Lula Government Moves to Ban Online Casinos and Impose Sweeping Restrictions on Sports Betting
Brazil’s federal government is preparing a Provisional Measure to ban online casino games and severely restrict sports betting advertising, citing rising household debt.
Brazil Watchdog Suspends Live World Cup Betting Ads
Conar issues an emergency injunction halting real-time betting ads on CazéTV during World Cup broadcasts, elevating compliance risks for major operators.