Tag Archives: brazil

Scott Longley – BRIC’s decay impacts regulatory debate

With the cash strapped governments of the once mighty BRIC nations, seeking to implement new economic policies to boost their dwindling funds. Scott Longley examines how the current BRIC downturn will impact betting’s regulatory debate and progress amongst emerging economies  _______________________ Like a worried bunch of Chicken Little’s, the economic commentaries have been busily scaring the world’s markets with the doleful …

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PMU enters Brazil venture with Jockey Club Brasileiro

French race track operator Pari Mutuel Urbain (PMU) has entered the South American racing market by announcing a joint venture with Jockey Club Brasileiro (JCB). The venture will bring to life new subsidiary PMU Brasil. PMU governance stated that its partnership with JCB, would aim to modernise Brazil track racing. PMU management systems will be utilised to operate wagering and monitoring …

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Brazil rethinks gambling agenda as recession looms

A month after stalling the progress of its review on regulated fixed-odds sports betting (Legislation – 671-2015), it appears that Brazilian lawmakers and congress are prepared to push for a nationwide gambling regulatory framework. Faced with the nation’s worst economic recession in 25 years, Brazil’s central bank last week forecasted that its economy will shrink by 2.5-2.7%. The cash strapped …

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Brazil expects delays as Dilma stalls betting legislation

Brazilian President Dilma Rousseff has stalled the progress of Legislation 671-2015 for the provisions of regulated fixed odds sports betting, citing that law makers needed more time to review its framework and context. Presented to President Dilma for sanctioned sign off at the start of July, the legislation had been approved for progress by Brazil’s Senate. The legislation would look …

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Brazil approves draft legislation for licensed sports betting

Brazil’s Senate has progressed draft legislation 671-2015 which will look to introduce regulatory provisions and a national framework for fixed odds sports betting. Current Brazilian gambling legislation allows for wagering on land based lottery, bingo and licensed horse racing events. Brazilian media sources have commented that the draft legislation was progressed due to the Senate’s raising concerns regarding the popularity …

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Neymar Jnr joins team PokerStars

Amaya Gaming poker subsidiary PokerStars has confirmed Barcelona FC and Brazil international football star Neymar Jnr as its new poker ambassador. The popular football star will promote PokerStars Academy., as the operator looks to extend its coverage and presence in the Latin and South American poker markets “Neymar Jr is one of the brightest stars in the sporting world and PokerStars …

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Warwick Bartlett on tax – The Only Way is Up

 Warwick Bartlett, CEO of Global Betting and Gaming Consultants, discusses how government’s approach taxation means that rates are more likely to go up than down. The most pleasing sight at ICE 2015 was to see some of the younger companies which two years ago took the smallest booths are now spending upward of £250,000 on impressive stands.  Such companies have …

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Bet Advisor Profile – Joao Gomez Brazilian football expert

This week we have interviewed Joao Gomez, Bet Advisor’s finest expert in the Brazilian Football Leagues as well as Copa Libertadores and European Team Cups.  Since he joined Bet Advisor in October 2011 his clients enjoyed 1775 tips with 6789 points of profits for an impressive yield of 5.83%. Click here to view Joao’s Bet Advisor Profile _________________________ SBC: How did you …

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Brazil criticised for stalling Gambling Bill review

The Brazilian National Senate, has come under criticism for the exhaustive process facing the review of the Online Gambling Bill. Critics have pointed that the draft Bill faces too many committee appraisals and third party oversights which will stall the federal review of the proposed Bill. The draft proposal for a regulated online gambling market was introduced by Senator Ciro …

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750% increase in mobile World Cup bets

InCrowd

Research on the digital behaviour of football fans shows that 65 per cent of UK football followers use their mobile phones to keep tabs on World Cup happenings. The study, from mobile sports betting platform BETFUZE, reveals that nearly half will also watch games in pubs across the country, with England supporters backing their team financially. Betting operator Coral predicts …

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