Brazil

MGM Resorts and Grupo Globo Partner to Enter Brazil’s Thriving Sports Betting Market

MGM Resorts International, a global leader in gaming and entertainment, has partnered with Grupo Globo, Latin America's largest media conglomerate, to establish a new venture aimed at securing a sports betting ...

Big Brazil and Sportingbet Vie for Federal Licenses in Brazil’s Growing Betting Market

As the deadline for sports betting and iGaming license applications in Brazil approaches, major industry players Big Brazil and Sportingbet have officially submitted their applications, indicating their readine...

Rei do Pitaco Seeks Approval for Brazilian Online Betting License

Rei do Pitaco, a leading name in Brazil's digital sports scene, recently took a significant step towards diversifying its offerings by applying for a sports betting and iGaming license under Brazil's newly amen...

Brazil Mandates Gaming Licenses by End of 2024; Non-compliant Operators Face Regulatory Action

The Brazilian government has established a December 2024 deadline for gaming operators to secure licenses or face penalties starting January 1, 2025. This requirement is detailed in Normative Ordinance 827, pub...

Brazil Introduces 15% Tax on Player Prizes in Betting and Online Gambling

Brazil has solidified its tax framework concerning player prizes and winnings within its burgeoning betting market. The Federal Revenue Service (RFB) of Brazil has officially outlined its stance on personal inc...

Pragmatic Play and bplay Forge Alliance to Bolster Brazilian iGaming Landscape

Pragmatic Play, a renowned content provider in the iGaming sector, has inked yet another significant deal in Latin America, this time joining forces with prominent operator bplay to solidify its foothold in Bra...

Kiron Interactive Extends Its Partnership with Hulu Sport to Deliver Its Product in Ethiopia

A renowned developer of virtual sports and numbers games, Kiron Interactive strengthens its position in Ethiopia through a deal with Hulu Sport, a leading operator in the market.? Deal with Hulu Sport: Th...

Brazil Seen as Future of Sports Betting; Could Replace US as Next Main Market for Sports Betting Gold Rush

The official legalization of sports wagering in Brazil occurred at the end of previous year, and the beginning of betting is projected to start during the next or this quarter, while watchdogs work through thei...

Sportingtech Integrates RubyPlay’s Content Into Award-Winning Platform to Further Expand in Latin America

Sportingtech, a prominent betting and content aggregation platform provider, has signed a content integration deal with the dynamic game development studio RubyPlay. Under the partnership, the studio will provi...

Four countries that allow casino apps and rules surrounding them

The rules surrounding online gambling and the use of casino apps vary from place to place, and it has become near impossible to keep track of what country thinks what and what rules are binding. This confusion ...

Brazilian Online Gaming and Betting Market Is Thriving, More Than US$11 Billion Gambled in 2023

The popularity of online gaming and betting in Brazil is increasing, and the country benefits from it. From the beginning of 2023 to November the players in Brazil spent about 54 billion reais (US$11.1 billion)...