Brazil

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...

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...