AI Summary
Sign in to listen

Brazil and Uruguay Presidents meet to discuss betting sectors

President Lula discussed Uruguay's approach to regulating online betting with President Yamandú Orsi during a bilateral meeting in New York.

1 min read
brazil uruguay
Key Points
Lula met with Uruguay's President New York and asked about Uruguay's online betting regulation model
Uruguay's only authorized betting platform, Supermatch, operates under state supervision and offers sports betting only

Brazil's President Lula da Silva met with Uruguayan President Yamandú Orsi in New York during the UN General Assembly's high-level week. 

Lula expressed interest in learning more about Uruguay's experience regulating the online betting sector. 

The two also discussed Latin American and Caribbean integration, as well as the threats posed by political extremism and disinformation in the region and globally.

Unlike Brazil, Uruguay has no private online betting market: its only nationally authorized platform is Supermatch, which operates under state supervision and offers sports betting exclusively. 

Uruguay's 2017 Decree 366/017 bans advertising or promoting any online gambling service not authorized by the state. 

In something of an ironic parallel, the Uruguayan Football Association (AUF) and CONMEBOL have reportedly asked Uruguay's Government to allow advertising from unauthorized operators, a request that runs counter to the pushback Brazilian football clubs have mounted against tightening rules in their own market, instead of banning it completely.

Lula's interest in Uruguay's model comes as he reportedly prepares an executive order banning online casino and slot-style games in Brazil before the October 4 general election's first round. 

Brazilian betting operators each paid BR30m ($5.8m) for a five-year license to operate legally in the country.

The two Presidents are expected to meet again soon to advance cross-border integration projects, particularly construction of the binational bridge over the Jaguarão River.

On bilateral matters, the leaders focused on infrastructure and agricultural trade, with Lula thanking Orsi for authorizing Brazil to use surplus Uruguayan beef export quota to China. 

Good to know

Brazil's Government will have to pay back betting operators if the provisional measure to ban online casino and slot-style games is approved

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
brazil q&a

Analyst: Why Brazil iGaming ban is unlikely... but industry needs to read the room

Felipe Bondezzan, Founder of Praesidium and Brazilian regulatory specialist, has an in-depth discussion with Global Gaming Insider about sports sponsorship, aggressive advertising, influencer marketing & more. In our opinion, it is the most honest and insightful take on Brazilian gaming so far.

9 min read • • By Tim Poole
german law

What can we learn from Germany's latest hearing on illegal gambling losses?

Germany's Federal Court of Justice signals continued support for players seeking to recover losses from unlicensed online casinos, but a final ruling is not expected before early 2027, writes István Cocron.

7 min read • • By Tim Poole
finlandbear

The €1bn question: Does Veikkaus’ lottery monopoly signify an unfair advantage?

As Finland’s demonopolisation nears, Veikkaus’ role in the new market becomes increasingly clear, following its timely return to growth over the first half of 2026.

3 min read • • By Will Underwood

In The News

View All
appoints
[ELEVATED IMPORTANCE]

Soft2Bet appoints Hancock and Heynes to senior B2B roles

The platform provider has added marketing and business development experience to its commercial team.

· Appointments + 4