Sports betting has finally touched down in the Brazilian state of Rio de Janeiro, ahead of federal regulation expected this year, with the State Lottery (Loterj) issuing its first contact. The tender has been awarded to Rede Loto, a company based in the neighbouring state of São Paulo. The contract covers a five-year period with a licence fee of R$5m …
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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 …
Read More »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 …
Read More »Loterj launches tender to find Rio’s sports betting operator
Loteria do Estado do Rio de Janeiro (Loterj), the official organization that manages gambling in the Brazilian state, has begun the process to incorporate new gambling products within its portfolio. An announcement made in the Official Gazette of Rio de Janeiro called for expressions of interest from sports betting and lottery operators seeking to take charge of the new verticals. …
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