Tag Archives: BETS

A Brazilian Senator has suggested amendments to the country’s betting laws to outlaw advertising just a couple of months into the new regulated market’s existence. Senator Styvenson Valentim, a member of the centre-right opposition party Podemos, proposed legislation this week to amend the 2018 laws around lotteries covering fixed-odds betting. If approved, the amendment will ban the distribution of sports …

Guidelines on Personal Income Tax (IRPF) have been updated for Brazilian citizens to register prizes and winnings from online gambling and sports betting activities. Receita Federal, the Federal Revenue Service of Brazil, has updated articles of its “General Coordination of Taxation” to include new provisions for consumers to declare profits/winnings generated from online gambling. An update to the IRPF guidelines …

The Ministry of Finance of Brazil has revealed that 68 businesses have completed full license applications for the launch of the Brazil Bets market on January 1, 2025. The update comes as the Bets regime enters its final 24 hours, ushering in the federal framework for Brazil to regulate its online gambling and sports betting marketplace starting in 2025. Referring …

Brazil’s Ministry of Finance has published a new ordinance in the Official Gazette to regulate the transfer of gambling data in the upcoming market.  As per SBC Brasil, Ordinance No. 1,857 of the Secretariat of Prizes and Bets (SPA) “regulates the transfer of data and funds of bettors of the lottery modality bet of fixed quota between legal entities of …

Recent enforcement activities underscore growing concerns about Brazil’s vulnerability to unlicensed gambling, with market irregularities posing a risk to the integrity of the Bets regime ahead of its imminent launch. Anatel, the National Telecommunications Agency of Brazil, has been ordered to ramp up blocking enforcements against unlicensed gambling websites. On Tuesday, the Secretariat for Prizes and Betting (SPA), the regulatory …

In the lead-up to SBC Summit Rio, SBC News and Affiliate Leaders had the opportunity to speak with Amanda Emmerick, CEO of Betconnect Brasil, who will be attending the event with her entire team. During the conversation, Emmerick reflected on Betconnect’s decision to launch in 2023 and shared insights into the company’s focus on diversified traffic strategies like influencer campaigns, …

Regis Dudena, the President of the Secretariat of Prizes and Betting (SPA), has notified authorities that “all qualified operators” for the launch of Brazil’s forthcoming online gambling market will be announced “by the end of December.” Yesterday, the SPA published an update notifying stakeholders that it had begun the final administrative procedures for licence applications for the launch of the …

Brazil’s three biggest media firms of Globo, Band UOL, and SBT are reported to be eyeing options to launch online sports betting franchises. The development follows the Secretariat of Prizes and Betting (SPA) completing the framework of technical ordinances required for the government of Brazil to launch a federal online gambling marketplace—commonly referred to as ‘Bets’. The conclusion of final …

Industry publisher iGaming Business are pleased to announce the full conference schedule for the Betting Trends and Strategies Conference 2016. BeTS 2016 takes place on 9th June 2016 at the RAI in Amsterdam as part of the iGaming Super Show. BeTS 2016 is the only dedicated sports betting conference that focuses on the latest opportunities, trends and strategies in the …

With increasingly sophisticated software available, operators have the ability to know more about their customers than ever before, but are you using this to its full advantage? The Betting Trends & Strategies (BeTS) conference, which is taking place at the iGaming Super Show, will be hosting a session titled “Customer CRM – Use it or lose them.” The session will …