ANJL and ABC-Bet warn betting restrictions in Brazil could strengthen illegal market
The Brazilian industry groups say additional limits on licensed operators could weaken consumer protections and reduce public revenue.
The Brazilian industry groups say additional limits on licensed operators could weaken consumer protections and reduce public revenue.
Licensed betting companies warn that event-based prediction contracts risk blurring regulatory boundaries with sports betting and financial derivatives.
Clear clients with international accounts will be able to access Kalshi contracts through XP International, starting with financial and economic events in the US-regulated market.
Draft legislation would permit hospitals and charitable health organizations serving the public health system to run fixed-odds betting operations.
The technology specialist joins psychologists Marli Arruda and Rafael Ávila as the Brazilian association strengthens its technical focus on responsible gambling.
New version of the regulatory document introduces collective betting for Loteca and operational updates for instant and sports-prediction lotteries.
Brazilian association highlights women’s contribution to the regulated gaming industry while industry figures call for a more balanced debate.
The Finance Ministry continues to approve operators under the country’s fixed-odds betting framework.
Brazil's President urged a cross-branch effort to prohibit online casino games, less than two years after his administration approved the country's regulated betting framework.
Another bidder has failed the practical test necessary for the licence and the process will now resume from 11 March.