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7 results for “brazil betting ban”

Brazil Today: Runoff Rivalry Reshapes Labor, Betting, and Markets
A tight presidential runoff between Lula and Flávio Bolsonaro triggers major shifts in labor laws, online betting regulations, and infrastructure contracts.

Brazil shuts down online betting, leaving $240 million in limbo
Millions of Brazilian players face a hard deadline to withdraw funds as President Lula's emergency decree bans online gambling and sports betting nationwide.

US gaming firm Inspired warns of revenue hit from Brazil betting ban
Inspired Entertainment expects a fourth-quarter revenue drop of $3 million after Brazil's sudden provisional ban on regulated online betting.

Brazil AGU Reverses Stance, Urges Court to Strike Down Betting Laws
Brazil's Attorney General's Office (AGU) has asked the Supreme Court to declare online betting laws unconstitutional, citing severe economic and public health damage.

Nasdaq-Listed Gaming Firms Hit by Brazil's Sudden Online Betting Ban
Brazil's surprise provisional measure banning online betting has forced international gaming companies and B2B providers to slash financial guidance.

Justice Luiz Fux Leads Brazil Supreme Court Battle Over Betting Ban
Supreme Court Justice Luiz Fux takes charge of legal challenges to President Lula's sudden online gambling ban as soccer clubs warn of massive financial losses.

Brazil’s Central Bank Data Shows PIX Transactions Plummet 10% After Betting Ban
The volume of instant payment transactions fell sharply in Brazil after the government banned sports betting, revealing the industry's massive scale.