Tag Archives: brazil

Bolsonaro approves GGR tax modification for Brazil’s inbound sports betting regime

Brazilian President Jair Bolsonaro has signed into law a federal decree that regulates tax regimes for a number of industries, including Brazil’s yet to be launched sports betting regime.   Signed as Law No. 14,183, the order was included in the Official Gazette of Thursday 15 July. The decree’s mandate stems from the ‘Provisional Measure 1,034/2021’ previously approved by the Plenary …

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Betway backs youth academy project of MIBR esports 

Betway has backed esports partner Made in Brazil’s (MIBR) launch of its ‘Feitos no Brasil’ scouting and player development programme which aims to strengthen the organisation’s CS:GO ranks.  From July to August, MIBR will host player try-out events sponsored by Betway, with the aim of finding Brazilian esport’s top CS:GO talents to join MIBR’s new academy roster. The project sees …

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NSoft: All eyes on Brazil – the largest market potential in Latin America

NSoft: All eyes on Brazil - the largest market potential in Latin America

NSoft’s long-term retail experience will become an invaluable asset for betting and gaming operators eyeing the biggest emerging markets in Latin America (LatAm) including Brazil. That’s because of the established retail preferences of its players, said NSoft’s Regional Sales Manager Carlos Vargas, who provided SBC News with the following analysis of the strengths which characterise the Brazilian market. Brazil – …

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Loterj launches tender to find Rio’s sports betting operator

Loteria do Estado do Rio de Janeiro (Loterj), the official organization that manages gambling in the Brazilian state, has begun the process to incorporate new gambling products within its portfolio. An announcement made in the Official Gazette of Rio de Janeiro called for expressions of interest from sports betting and lottery operators seeking to take charge of the new verticals. …

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Betsson backs Chile’s La Roja 2022 World Cup campaign

Betsson has become the first official betting partner of ‘La Roja’ – the Chilean national football team aiming to qualify for the FIFA World Cup Qatar 2022. Securing an agreement with the Federacion de Futbol de Chile (FFC) until December 2022, the Betsson brand joins Nike, Coca Cola, Banco Santander and Claro supermarkets as a principal partner of La Roja.  …

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LVBet kickstarts LatAm expansion with Douglas Costa partnership

Sportsbook and online casino operator LVBet has kickstarted its bid to enhance its Latin American market status by appointing Douglas Costa as its Brand Ambassador for Brazil. Under the terms of the partnership, Costa will provide the operator with ‘expert insight and opinions’ as the firm seeks to capitalise on the burgeoning Latin American sports betting sector. “Having Brazilian football …

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Salsa Technology appoints Alberto Alfieri as COO to lead South American drive

Stephenson

Salsa Technology (formerly Patagonia Gaming) has appointed Alberto Alfieri as its new Chief Operating Officer (COO), as the South American full-service iGaming turnkey services provider accelerates its growth momentum.  A seasoned industry executive, Alfieri served as CCO of European multi-brand iGaming operator Evoke Gaming (2016-2018) prior to the firm’s acquisition by Mr Green&Co. Alfieri maintains further industry experience, having led …

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Google allows Play Store gambling app downloads in 15 new markets

Google has updated its ‘Play Store’ developer terms and conditions, announcing that it will allow real-money app downloads for a further 15 countries. Since 2017, Google has allowed its Play Store platform to process unrestricted real money app downloads for the markets of UK, France and Ireland, whilst allowing Brazilian users to download state-licensed lottery and horseracing wagering apps.  Offering …

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William Hill acquires majority stake in Alfabet Colombia to open LatAm vision

William Hill Plc has secured its first South American sportsbook venture after confirming that it has acquired a ‘majority stake’ in Colombian-licensed operator Alfabet SAS. Closing its 2020 trading, the FTSE250 betting group stated that Colombia will be ‘the ninth regulated betting market in which William Hill will have an active presence’. Operating in Colombia since 2018, Alfabet SAS is …

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Winning Post: Another twist in the tale for Brazil’s legislative journey…

Regulus Partners examines further political roadblocks in Brazil’s pot-holed journey towards market regulation. Meanwhile, back in Blighty, industry observers will tune-in to the Gambling-related Harm All Party Parliamentary Group’s one-off session on Children and Gambling. Brazil: gambling regulation – waning The last couple of weeks have produced two significant twists in Brazil’s gambling legislative journey. The first was a Supreme …

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