Brazil

Loterj Halts Nationwide Betting Operations Following Supreme Court Ruling

The State Lottery of Rio de Janeiro (Loterj) has issued an ordinance suspending all betting operations beyond the state's borders. This decision follows a ruling by Supreme Court Justice André Mendonça, who ord...

Brazil Grants 37 Permanent Betting Licenses in Regulatory Expansion

In a notable expansion of Brazil's betting industry, the Ministry of Finance’s Prizes and Betting Secretariat (SPA) has issued a significant update in the Official Gazette of the Union (DOU). As of this Tuesday...

DigiPlus Interactive Seeks Local Partner for Online Gaming Expansion in Brazil

DigiPlus Interactive Corp., a Philippine-based gaming company, is actively seeking a local strategic partner to help launch its online gaming operations in Brazil. The company was granted a license to operate s...

Will slots still dominate the market in 2025? What to expect of the Brazilian gambling market

Brazil is quickly becoming an iGaming hub with a huge population of tech-savvy people and sports lovers dominating the country. Well, looking at the dynamic market flooding that is all over the country, operato...

Legal Struggles Mount for Rio de Janeiro Lottery Amid Geolocation Ruling

Brazil’s Rio de Janeiro State Lottery, also known as Loterj, is facing mounting legal challenges as it grapples with a Supreme Federal Court (STF) ruling that restricts its ability to operate beyond state borde...

Brazil Reveals 2025 Licenses for Sports Betting and Online Gaming

Brazil’s Ministry of Finance has released an official list of licensed operators for fixed-odds sports betting and online gaming, effective January 1, 2025. The Prizes and Betting Secretariat (SPA) outlined tha...

Rei do Pitaco Joins Brazil’s Regulated Sports Betting Market

Rei do Pitaco (RDP), Brazil's leading fantasy sports operator, is officially transitioning into the country's regulated sports betting market. Founded in 2019 by Kiko Augusto, RDP has dominated the fantasy spor...

Brazil Grants 71 Betting Licenses as Regulated Online Market Prepares to Launch in January 2025

The Brazilian government has taken a decisive step in regulating its betting industry, approving 71 federal licenses for online operators as the country moves toward launching its regulated market on January 1,...

Latin America’s Online Gambling Industry Poised for Explosive Growth; Forcasted to Surpass $7.86 Billion by 2027

Latin America’s online gambling industry is set to experience unprecedented growth, with gross revenue expected to exceed $7.86 billion by 2027. According to a recently published report by regulatory intelligen...

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...