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A cross-party group of Brazilian lawmakers wants betting classified as a public health risk, expanding oversight powers beyond financial regulators.
Brazil’s Federal Audit Court warned of major enforcement gaps as illegal operators continue dominating a large share of the market.
The Ministry of Sports released new national guidelines focused on preventing manipulation in sports competitions.
Peru’s newly introduced licensing framework has pushed the country into the spotlight of the regional gaming industry, consequently generating growing interest in the upcoming summit.
The industry association argues that only Brazil’s Federal Government can regulate betting advertising rules nationwide.
Betting brands are increasingly investing in local cultural events and football communities as competition for consumer attention intensifies in Brazil.
Local lawmakers are seeking to overturn the city’s lottery framework following legal concerns tied to Brazil’s federal gambling structure.
Operators say official App Store listings are helping separate licensed platforms from illegal betting sites.
The operator is pairing Brazil-facing media sponsorships with fan activations in São Paulo, Rio de Janeiro, Miami and New York.
The state-owned bank said BR820m ($162m) in debt has already been renegotiated under the Federal Government’s relaunched program.
