Tag Archives: brazil

Betfair launches Esport Futuro to strengthen community pledge for Brazil 

SBC News Betfair launches Esport Futuro to strengthen community pledge for Brazil 

Betfair has launched ‘Esport Futuro‘ (Future Sports), its first Brazilian social initiative aimed at improving funding and community access to grassroots sports. The commitment has been launched with Betfair pledging to donate over R$630,000 (€120,000) to five sports associations in Brazil in 2023. Esport Futuro is formed in partnership with Global Giving, the international charity partner of Flutter Entertainment, and …

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Lula & Haddad seek definitive tax terms for Brazilian sports betting

SBC News Lula & Haddad seek definitive tax terms for Brazilian sports betting

Brazil’s sports betting prospects have received a boost this week, as Minister of Finance Fernando Haddad assured federal stakeholders that he will soon present a ‘provisional tax framework’ for licensed businesses.  Speaking to media in Brasilia, Haddad stated confidence that the Finance Ministry would propose a ‘working framework’, to be showcased following “President Lula da Silva’s trip to China at …

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Novibet explores ‘very strategic’ Brazil market with Fortaleza sponsorship

SBC News Novibet explores ‘very strategic’ Brazil market with Fortaleza sponsorship

Fortaleza Esporte Clube has announced that Novibet has become the team’s main sponsor until the end of 2024. Named the biggest sponsor in the history of the club, the deal sees the GameTech-owned bookmaker consolidate its arrival in Brazil, penning a two-year contract with the Northeastern team. Rodolfo Odoni, President of Novibet, said: “With its rich history in sport and …

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Entain: Soft Australia and Brazil markets to pick up UK drags

SBC News Entain: Soft Australia and Brazil markets to pick up UK drags

Entain Plc’s leadership duo of CEO Jette Nygaard-Andersen and Deputy Rob Wood have notified investors that 2023 will be a tougher year for the FTSE100 gambling group’s UK arm.  Though the firm’s revenue make-up continues to be diversified via M&As, UK brands accounted for 27% of Entain’s online NGR – contributing approximately £840m of the group’s £3.3bn online NGR results …

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EstrelaBet continues Brazilian football venture with Internacional extension

SBC News EstrelaBet continues Brazilian football venture with Internacional extension

EstrelaBet has extended its sponsorship of Campeonato Brasileiro Série A’s Sport Club Internacional until March 2026.  The Brazilian sports betting operator has supported the top-flight team since June 2022, but the brand will be present on the back of the men’s first team kit. Head of EstrelaBet Sponsorships, Rafael Zanette, described this agreement as “a bet won even before signing …

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Lula to bring sports betting forward but sidelines online casino

Brazil’s IBGR lambasts Lula administration’s betting tax ‘burden’

Fernando Haddad, Brazil’s Minister of Finance, has shared that the Presidency of Lula da Silva will focus on moving forward on “electronic gaming”, and sanction a  sports betting regime. Yet, new details of a federal bill show that online casinos will not be included in upcoming plans.  Sports news outlet Panorama Deportivo cited Ministry sources and explained what the regulation …

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Minas Gerais launches ‘sportsbook pilot’ as Brazil sees no clear path for federal regime

SBC News Minas Gerais launches ‘sportsbook pilot’ as Brazil sees no clear path for federal regime

Minas Gerais has become the latest Brazilian state to outline its commitment to launching an online gambling and sports betting regime.  This week the Finance Secretary of Minas Gerais, Brazil’s second most populous state (+22m) allowed state-owned lottery operator Loteria Mineira (LEMG) to launch its ‘sportsbook pilot’ website and mobile app Lotominas.bet. Developed by Intralot Brasil, LEMG’s ‘sportsbook pilot’ will …

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Loterj commits to Rio State fixed-odds tender in 2023

SBC News Loterj commits to Rio State fixed-odds tender in 2023

Loterj – The State Lottery of Rio de Janeiro has notified sportsbook system/platform providers that it will press ahead to launch and complete its fixed-odds betting tender in 2023.  The announcement was made by Loterj President Hazenclever Lopes Cançado at ICE London’s ‘VOX 2023 – World Regulatory Briefing‘. Lopes Cançado informed delegates that in ‘approximately 120 days’ Loterj will launch its …

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Betfair to appear on ‘important space’ of Cruzeiro men and women’s shirts

SBC News Betfair to appear on ‘important space’ of Cruzeiro men and women’s shirts

Betfair has announced a shirt sponsorship of Campeonato Brasileiro Série A club, Cruzeiro Esporte Clube. The betting company’s branding is placed on the chest of the team’s shirt, which after three years, is back in top flight of the Brazilian Championship after a recent promotion. “We are very excited about this partnership, as we will have the opportunity to support …

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EstrelaBet builds on Brazilian presence with Championship of Mineiro

SBC News EstrelaBet builds on Brazilian presence with Championship of Mineiro

EstrelaBet inked an agreement to become the new sponsor of Brazil’s Championship of Mineiro. The sports betting company continues to expand its presence in the country, with the league including notable teams such as Atlético Mineiro, Cruzeiro and America-MG. EstrelaBet Head of Sponsorships, Rafael Zanette, regarded the Campeonato Mineiro as “a great showcase with great games and players” that will …

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