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Digital bank confirms it has applied for authorization to enter Brazil’s regulated betting market as part of a revenue diversification strategy.
Hazenclever Lopes Cançado warns that illegal betting houses fuel money laundering, militias and drug trafficking.
With more than three decades shaping lottery products and operating models in Brazil, Hebara CEO Amilton Noble speaks exclusively to Global Gaming Insider about the Supreme Court’s stance on municipal lotteries.
Police say more than a dozen victims lost nearly BR913,000 ($170m) after money was allegedly diverted to online gambling.
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.
