Tag Archives: brazil

Martin Lycka: What Would Pelé Do?

In the fifth of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka wonders what might Pelé and his footballing band of brothers think about Brazilian sports betting regulation. In an exclusive fictitious interview, we have asked Brazil’s all-time leading goal scorers for their views on the regulatory works the Brazilian government has …

Read More »

Sportito makes LatAm debut in Brazil

Daily fantasy sports (DFS) operator  Sportito has launched its services for the Brazilian market, just four months after launching in India. Brazil becomes the third country – after the UK and India – to offer the Sportito DFS platform, and the firm’s first LatAm market launch. Launching in Brazil,  the Sportito platform will cover international and domestic soccer contests, as well as basketball, …

Read More »

InsiderSport: On The Ball – China to host 2021 FIFA Club World Cup

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on the latest MLS expansion franchise, FIFA’s Club World Cup announcement and Amazon’s latest fly-on-the-wall documentary featuring Tottenham Hotspur.  FIFA awards hosting rights of the 2021 Club World Cup to China China PR has …

Read More »

IGT & Scientific Games consortium secures Brazil’s LOTEX tender

Following seven failed attempts to sanction an effective tender process, BNDES – Brazil’s national development bank – has confirmed the sale of state-owned instant win games (scratchcard) operator LOTEX to ‘Consórcio Estrela Instantânea’ – a 50/50 joint venture consortium formed by IGT and Scientific Games Corporation (SGC). The IGT-SGC vehicle secures a 15-year concession, having been the only entity to bid …

Read More »

Brazilian sports seeks to establish Committee for betting protections

Leading figureheads in Brazilian sports governance have urged the PSL government to help form a ‘Sports Integrity Committee’, driving an agenda on developing sports betting safeguards and protections. At present, Brazilian policymakers are assessing the regulatory frameworks propositioned by the government’s ‘draft decree’ on establishing a regulated land-based and digital sports betting marketplace. This summer, Brazilian authorities allowed diverse stakeholders …

Read More »

IBIA advises Brazil to rethink tax position & bolster integrity safeguards

The International Betting Integrity Association (IBIA) has published its official response to the Brazilian government’s ‘draft decree’ on developing a regulatory framework for fixed-odds betting services. Representing the integrity interests of multiple sports betting incumbents, the IBIA raises stakeholder concerns with decree provisions attached to taxation and the Brazilian government’s approach to tackling potential sports manipulations. “Our response focuses on …

Read More »

BetWarrior makes its ‘Para Play’ with Remo & Paysandu fan partnerships

New online sportsbook BetWarrior has secured its first football partnerships with Paraense State (North Brazil) teams Clube do Remo and Paysandu Sport. Complying with current Brazilian gambling regulatory frameworks, BetWarrior details that it has formed ‘fan-focused partnerships‘ with the two clubs, who compete in the ‘Campeonato Paraense’ state league. BetWarrior’s partnerships will allow fans of Remo and Paysandu to place …

Read More »

Ronaldinho to front BetCris marketing campaigns

Moving to expand its brand profile and coverage, South American bookmaker BetCris has confirmed the appointment of former FIFA World Player of the Year (2005) Ronaldinho Gaucho as new Football Ambassador. Starting this 1 October, BetCris confirms that Ronaldinho will become the face of its marketing campaigns across the South American continent. Founded in Costa Rica in 1985, BetCris is …

Read More »

Betfair states its LATAM intent & responsibility as CONMEBOL partner

Moving to significantly expand its LATAM market profile and ambitions, Betfair has outlined securing its Official Partner’ status with CONMEBOL as one of the firm’s most important strategic marketing initiatives in the betting brand’s history. Announced last week, the partnership – which runs until December 2022 – sees the Betfair brand displayed across CONMEBOL’s flagship Copa Libertadores and Sudamericana tournaments, South …

Read More »

Codere secures Hard Rock Mexican market joint-venture

Spanish business news sources report that Bolsa Madrid gambling group Codere SA has signed a joint-venture agreement with Hard Rock International, which will see both companies develop new gaming properties within Mexico. The joint-venture will begin with Codere and Hard Rock establishing a new ‘tourist complex’ valued at $1 billion, which will see the US leisure and entertainment group develop …

Read More »