Belo Horizonte bans betting ads
The bill would also ban Belo Horizonte's Government from accepting any financial contribution from operators.
The bill would also ban Belo Horizonte's Government from accepting any financial contribution from operators.
The operator was illegally using the club's name and visual identity to attract bettors.
The IBJR has used Spribe's Gambling Commission suspension as a lobbying argument, but it has misunderstood the details of the case.
Collaboration includes donations, infrastructure improvements and athlete scholarships
Brazil's President halted Caixa Econômica Federal's plan to launch its own betting platform, mentioning political contradictions.
The Senate has postponed analysis of the bill that doubles betting operators' gross revenue tax to 24%, following a request from the Ministry of Finance.
The state-owned bank has postponed the roll-out of its new betting operation, which had been set to launch before the end of this year.
New proposal approved by the Finance and Taxation Committee would transfer lottery revenue to the Brazilian Clubs Committee (CBC).
A new report from Brazil's Federal Audit Court found that, in just one month, social welfare recipients spent over a quarter of their Government benefits betting online.
The B2B provider has shown a major surge in the 'interactive' department, delivering a record quarter.