Brazil

Kambi Partners with Rei do Pitaco for Brazil’s 2025 Sports Betting Launch

In anticipation of Brazil’s regulated sports betting market launch in January 2025, a landmark agreement has been forged between Kambi Group plc, a global leader in premium sports betting technology, and Rei do...

OpenBet Partners with Grupo Silvio Santos to Launch TQJ Sports Betting Brand

OpenBet, a premier global provider of betting technology and services, has finalized a significant long-term agreement to launch a new sports betting and gaming brand, Todos Querem Jogar (TQJ), under the umbrel...

MGM Resorts and Grupo Globo Partner to Enter Brazil’s Thriving Sports Betting Market

MGM Resorts International, a global leader in gaming and entertainment, has partnered with Grupo Globo, Latin America's largest media conglomerate, to establish a new venture aimed at securing a sports betting ...

Big Brazil and Sportingbet Vie for Federal Licenses in Brazil’s Growing Betting Market

As the deadline for sports betting and iGaming license applications in Brazil approaches, major industry players Big Brazil and Sportingbet have officially submitted their applications, indicating their readine...

Rei do Pitaco Seeks Approval for Brazilian Online Betting License

Rei do Pitaco, a leading name in Brazil's digital sports scene, recently took a significant step towards diversifying its offerings by applying for a sports betting and iGaming license under Brazil's newly amen...

Brazil Mandates Gaming Licenses by End of 2024; Non-compliant Operators Face Regulatory Action

The Brazilian government has established a December 2024 deadline for gaming operators to secure licenses or face penalties starting January 1, 2025. This requirement is detailed in Normative Ordinance 827, pub...

Brazil Introduces 15% Tax on Player Prizes in Betting and Online Gambling

Brazil has solidified its tax framework concerning player prizes and winnings within its burgeoning betting market. The Federal Revenue Service (RFB) of Brazil has officially outlined its stance on personal inc...