São Paulo signs lottery concession with up to $738m in public revenue
The São Paulo state government has formalized a 15-year lottery concession.
The São Paulo state government has formalized a 15-year lottery concession.
Foreigner-only operator closes 2025 with weaker December revenue as table game performance softens, while full-year sales remain higher year on year.
Authorities allege payment apps were used to route illegal proceeds across multiple countries.
The figure equates to a 2.2% increase from the prior year period, driven primarily by slot machine activity which generated $62.6m of revenue for November 2025 and grew 4.1%.
Banijay, owner of BetClic, has sold its controlling stake in the German operation to make way for its acquisition of Tipico.
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.
The operator has posted the December revenues from its Korean properties, rounding off the company's overall 2025 results.
Rio de Janeiro's state lottery says social investment jumped from BR1.3m ($238,576) in 2021 to BR45m in 2025.
Flutter-owned bookmaker Paddy Power has confirmed more than £1.1m in charitable donations linked to recent activity at the Paddy Power World Darts Championship, alongside a separate contribution supporting awareness of a rare eye condition affecting one of the tournament's players.