Red card for betting: Brazilian lawmaker warns against World Cup betting ads
A senior member of Brazil’s ruling party has renewed calls for tougher advertising restrictions, arguing the World Cup should not become a gateway for betting promotions.
A senior member of Brazil’s ruling party has renewed calls for tougher advertising restrictions, arguing the World Cup should not become a gateway for betting promotions.
A senior regulator says new measures finally clarify who is responsible for policing the financial networks behind Brazil’s illegal betting market.
The rollout expands OIG Gaming Brazil's product portfolio as competition intensifies in Brazil's regulated online betting market.
The operator has signed a new multi-year agreement with Kambi, extending a partnership that supports its sportsbook operations across Argentina, Brazil, Peru and other regulated markets in the region.
Trade bodies have welcomed new enforcement measures targeting the financial and promotional networks that support unauthorized betting platforms.
As regulatory costs rise and competition intensifies, some smaller betting operators are turning to mergers while others are struggling under mounting debts.
President Lula has signed a new measure allowing authorities to block assets tied to unauthorized betting platforms and redirect confiscated funds to public security initiatives.
Brazil’s Justice Minister says tens of millions of consumers continue to use unauthorized betting platforms despite a sweeping enforcement campaign.
Two Campeonato Carioca players have received one-year suspensions after a disciplinary tribunal found they deliberately sought yellow cards linked to suspicious betting activity.
New rules will allow authorities to hold influencers, brands and payment companies accountable for supporting unauthorized betting operators.