Fernando Haddad Archives

Betfair launches Esport Futuro to strengthen community pledge for Brazil

March 22, 2023

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 …

Lula & Haddad seek definitive tax terms for Brazilian sports betting

March 15, 2023

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 …

Lula to bring sports betting forward but sidelines online casino

March 6, 2023

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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SBC News Voice of the Sports Betting Industry

Tag Archives: Fernando Haddad

Betfair launches Esport Futuro to strengthen community pledge for Brazil

Lula & Haddad seek definitive tax terms for Brazilian sports betting

Lula to bring sports betting forward but sidelines online casino

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