Despite the notable funding for FY2025, the total represents a decrease of approximately $60m, primarily caused by administrative savings which were not made available for the current year.
The legal ambiguity, political disputes and regulatory gaps that shape Brazil's expanding ecosystem of state and municipal lotteries.
The City Council in the state of São Paulo will vote on a bill allowing the municipality to create and regulate its own lottery.
Multiple constitutional actions were filed seeking to suspend municipal betting laws it argues violate federal authority.
The agreement expands Pragmatic Play's presence in Peru as the country continues implementing its online gaming regulatory framework.
The Virginia Lottery has reported the state's sports betting figures for the month, announcing a handle of just under $832m.
A new proposal in the Chamber of Deputies seeks to modernize federal lottery regulations.
Caixa reported its Q3 2025 results, with lottery revenue, social transfers and recurring profit.
Durante has announced his decision to leave at the end of January 2026 - his role will be filled by current CFO Roberto Di Fonzo.
Two municipalities in Brazil are defying sector limits as they plan to expand their operations.