Brazil’s New Year lottery raises $560m for government funding
The record-breaking lottery draw paid out BR1.09bn ($186m) in prizes, with more than BR1.8bn allocated to taxes.
The record-breaking lottery draw paid out BR1.09bn ($186m) in prizes, with more than BR1.8bn allocated to taxes.
Josephs steps into this role after a decade with the supplier.
Santos has terminated its main sponsorship agreement with operator 7K, becoming the latest Brazilian club to reassess betting partnerships.
The São Paulo state government has formalized a 15-year lottery concession.
The two entities will begin offering draw-based, instant, eInstant and passive lottery games through retail and digital channels to generate healthcare investment funding across São Paulo.
Betfair ended its main sponsorship of Vasco da Gama at the end of 2025, prompting the club to open talks with new betting operators ahead of the 2026 season.
A lottery shop was found liable after registering a customer's Mega da Virada pool bet as a regular Mega-Sena entry and refusing to issue a refund.
Ahead of the 2026 season, Banco BMG set to take over as the club's main financial partner.
Rio de Janeiro's state lottery says social investment jumped from BR1.3m ($238,576) in 2021 to BR45m in 2025.
Brazilian authorities are investigating an alleged illegal betting operation that relied on digital influencers, foreign-based platforms and fabricated investment schemes.