Brazil – Page 15 | Global Gaming Insider

Brazil: Police targets fuel stations in jogo do bicho probe

Authorities allege a network of petrol stations was used to launder proceeds linked to Brazil’s illegal lottery.

1 min read • May 7 • By Layla Victoria

Brazil Senate backs proposal allocating betting taxes to military sports

A Senate sports committee approved a bill directing part of betting tax revenue to Brazil’s military sports system, including Olympic and social inclusion programs.

1 min read • May 7 • By Layla Victoria

Financial Online

Brazil’s beef sector says betting is eating family budgets

Representatives from Brazil’s meat industry say online betting is increasingly pressuring household budgets and reducing spending on food.

1 min read • May 7 • By Layla Victoria

eSports Partnerships + 2 more

LSports Sets Sights on LATAM Dominance with Caliente Interactive Partnership

LSports, a world-leading provider of high-performance sports data solutions, today announced a landmark multi-year license agreement with Caliente Interactive, the premier digital entertainment and sports betting operator in LATAM.

1 min read • May 7 • By Eddie Overs

Financial Casino + 4 more

Flutter Q1 revenue increases 17% to $4.3bn, net income falls 38%

The operator’s adjusted EBITDA managed to rise 2% for a total of $631m, while FanDuel revenue increased 6% to nearly $1.8bn, despite handle falling 9% to $13.4bn.

2 min read • May 6 • By Kirk Geller

Legal & Regulatory Financial + 2 more

São Paulo Jockey Club probe hears Heritage Council official

Investigation focuses on restoration works, public funds and potential administrative irregularities.

1 min read • May 6 • By Layla Victoria

Legal & Regulatory Financial + 2 more

Brazil: Central Bank creates betting transaction code

New eFX framework introduces mandatory classification for betting-related international transfers and tighter controls on payment providers operating in Brazil.

1 min read • May 6 • By Layla Victoria