Brazil President Michel Temer has signed MP 846 to formally legalise both online and land-based sports betting in the country. MP 846 was primarily focused on the distribution of proceeds from Brazil’s national lottery – operated by Ministry of Finance-controlled Caixa Econômica Federal, but also included plans that gave the green light to regulated sports betting. Its case was helped …
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Brazil: regulated sports betting – more nutcracker than sweet Regulated sports betting in Brazil is now awaiting only the signature of President Michel Temer, who has previously said he would approve any gambling liberalisation plans. Legislation to regulate sports betting in Brazil is therefore now a near certainty, in our view. However, as we flagged last week, the final shape …
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Brazil has taken another step towards legal and regulated sports betting after the country’s Senate voted in favour of MP 846. Brazil’s upper legislative body passed the bill, which details the allocation of lottery revenue to public security as well as allowing for online sports betting, less than 24 hours after the Lower House had done the same. It now …
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BNDES – Brazil’s national development bank has further postponed the tender process for its agreed sale of LOTEX, the state-owned operator of instant win (scratch) games. The sale of LOTEX had received its original government approval on August 2017, allowing BNDES to begin the tender process for 2018, which was reported to be seeking a minimum of BRL 4 billion …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Regulation – Talking About Their Generation; The Kids Aren’t All Right Another week, another shoeing for Britain’s beleaguered gambling industry as fresh outrage arrived in the shape of the Gambling Commission’s …
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BNDES – Brazil’s National Bank for Social Development has scheduled a new auction for the sale of state-owned instant games (scratch & win) operator Loteria Instantânea Exclusiva (LOTEX) to be held on 29 November 2018. The tender of LOTEX was first announced on August 2017, with the Brazilian Finance Ministry targeting a BRL 4 billion (€1.2 billion) for its complete divestment …
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Global football media platform Onefootball has reported unprecedented user activity over the World Cup, creating multiple records for content consumption and engagement. During the group stages alone, 15.5 million predictions were made via Onefootball’s match-prediction feature, and interactions increased once the knockout stages started. For the whole tournament a total of 26 million predictions were recognised. Content stats were similarly …
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Sports betting technology and software supplier Kambi Group Plc has reported a strong financial performance in the group’s Q2 2018 interim report. Year-on-year revenues have shown a 25 per cent growth for the second quarter of 2018, reaching €17.6m (15.65m) from the previous years €14.1m (£12.54m), aiding a 20 per cent H1 jump from €28.3m (£25.1m) to €34m (£30.2m). Addressing …
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In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Joining The World Cup’s Finest in its penultimate edition is James Camilleri, Head of Sales and General Manager at Scout Gaming Group, …
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In The World Cup’s Finest we ask various individuals to delve into their own personal history of football’s quadrennial showpiece extravaganza, selecting a number of favourites as well as revealing what is their very first World Cup memory. Leading The World Cup’s finest into the final three is Jonathon Hurst, Kambi’s Head of Live Football, who reveals a soft spot …
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