Brazil’s Senate Commission of Economic Affairs has approved a tax proposal on online games, despite a lack of clarity as to how the government will implement its federal gambling laws. President of the Chamber of Senators Rodrigo Pacheco hinted that “whilst the debate won’t happen anytime soon”, interested parties should have information with regards to what type of taxes will …
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To the surprise of observers, Thursday, February 24, 2022, will go down in history as the day Brazil finally approved a gambling regulation. In the final hours of a discussion that began on Wednesday afternoon, the Chamber of Deputies took Bill 442/91 to a vote with 246 votes in favour, 202 against and 2 abstentions. The result will allow South …
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According to plans submitted by Arthur Lira Brazil’s President of the Chamber of Deputies– Bill-442/92 that seeks to implement a federal framework to Brazil’s fragmented gambling laws has been included in this week’s agenda and will be debated today. Though the legislative text is fourth on the list, gambling reformists are positive of progress. Felipe Carreras, the Deputy who drafted …
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2022 could be the year when the ‘dormant giant’ that is Brazil finally wakes up, paving the way for the jurisdiction to become one of the largest betting markets in the world. In its latest country report, BtoBet dives into the growing potential for the Brazilian market should regulations be finalised in the near future. With the biggest consumer bases …
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Arthur Lira, President of the Brazilian Chamber of Deputies, has reportedly met with counterpart legislators to asses if conditions have been met to debate gambling regulation this week. Reported by BNL Data, Lira has confirmed that the proposal will be part of this week’s delegated agenda In recent days, both Lira and the head of the Government in the Chamber, Ricardo Barros, …
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Stake.com has expanded its role as an official betting partner of the Ultimate Fighting Championship (UFC) to now include Brazil. The collaboration was first announced in 2021, which witnessed Stake.com solidify its standing in the Octagon by becoming UFC’s partner in both Latin America and Asia. “We’re more than pleased to renew our partnership with UFC for 2022, after a …
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Understanding the payment landscape and evolution in Brazil is the backbone of our business, AstroPay CEO Mikael Lijtenstein told SBC Noticias, as he dives into the company’s offering in Latin America and how PIX “can further real-time payments and foster financial inclusion”. SBC: Why is Latin America such an attractive market for AstroPay to explore? And what key considerations should …
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The Ministry of the Economy of Brazil has announced the appointment of Sérgio Ricardo Calderini Rosa as new Secretary General of SECAP – the Ministry’s public policy agency charged with overseeing developments and evaluations for energy, agriculture and lotteries. The appointment follows the abrupt resignation of former incumbent Gustavo Guimarães, who on 19 January declared that he would no longer …
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Betsson has revealed that it will be sponsoring the Campeonato Gauchão football championship and be present in all commercial properties of the competition. After having invested in Brazilian football since 2021, the Swedish online betting platform now sponsors the 102nd edition of the competition, where 12 clubs will play 72 games to compete for the title. Andre Gelfi, Managing Partner …
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Abelson Info has agreed to expand its Goalscorer Pricing & Settlement (GPS) service to cover the Campeonato Carioca in support of Betfair’s title sponsorship of the Rio de Janeiro state football championships. Market pricing expert Abelson Info has entered into an ‘event specific’ collaboration with Betfair, that will secure goalscorer prices via its ‘GPS feed’ for the 11-matchday coverage of …
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