May 15, 2025
Flutter Entertainment has completed its takeover of a majority stake in NSX, the parent company of one of Brazil’s largest online bookmakers, Betnacional. The NYSE firm paid $350m for a 56% stake in NSX, cementing its podium spot in yet another market, and one which has been by far the subject of the most hype over the past two years. …
Read More »September 13, 2024
Flutter Entertainment Plc has acquired a 56% stake in NSX Group, the operating firm of the Betnacional brand in Brazil. The NYSE and LSE gambling group put forward a cash consideration of approximately $350m to acquire its majority stake in NSX. The deal is viewed as the platform to launch the ‘Flutter Brazil’ business, that will be formed by the brands …
Read More »March 10, 2023
Tally Technology has partnered with NSX to provide a new free-to-play prediction game for select domestic and international football matches. Described as a ‘Brazilian sports betting ecosystem’, NSX has stated that the collaboration covers two fixtures per week, with the introduction of prizes including free bets provided by the group’s partner, Betnacional. Eric Gaigher at NSX said: “We are always …
Read More »August 31, 2022
Brazil’s Ministry of Justice is to launch an investigation into the commercial partnerships of sports clubs and media owners struck with online sportsbook operators. The investigation is due to concerns by SENACON – the National Consumer Secretariat – that such arrangements were agreed upon without Brazil having finalised the laws and standards that will be applied to its pending federal …
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