South America – Page 69 | Global Gaming Insider

Brazil Senate backs proposal allocating betting taxes to military sports

A Senate sports committee approved a bill directing part of betting tax revenue to Brazil’s military sports system, including Olympic and social inclusion programs.

1 min read • May 7 • By Layla Victoria

Financial Online

Brazil’s beef sector says betting is eating family budgets

Representatives from Brazil’s meat industry say online betting is increasingly pressuring household budgets and reducing spending on food.

1 min read • May 7 • By Layla Victoria

eSports Partnerships + 2 more

LSports Sets Sights on LATAM Dominance with Caliente Interactive Partnership

LSports, a world-leading provider of high-performance sports data solutions, today announced a landmark multi-year license agreement with Caliente Interactive, the premier digital entertainment and sports betting operator in LATAM.

1 min read • May 7 • By Eddie Overs

Financial Casino + 4 more

Flutter Q1 revenue increases 17% to $4.3bn, net income falls 38%

The operator’s adjusted EBITDA managed to rise 2% for a total of $631m, while FanDuel revenue increased 6% to nearly $1.8bn, despite handle falling 9% to $13.4bn.

2 min read • May 6 • By Kirk Geller

Legal & Regulatory Land Based + 1 more

Argentina: Indigenous groups and unions file complaint over casino project

The group filed a complaint before the ILO, alleging the province failed to carry out the legally required prior consultation process for a planned casino-hotel development.

1 min read • May 6 • By Milagros del Priore

Legal & Regulatory Marketing + 2 more

Argentina: bill proposes ban on betting sponsors in football shirts

New proposal in Buenos Aires Province would restrict betting advertising across football clubs, stadiums and community sports venues.

1 min read • May 6 • By Layla Victoria

Legal & Regulatory Financial + 2 more

São Paulo Jockey Club probe hears Heritage Council official

Investigation focuses on restoration works, public funds and potential administrative irregularities.

1 min read • May 6 • By Layla Victoria

Legal & Regulatory Financial + 2 more

Brazil: Central Bank creates betting transaction code

New eFX framework introduces mandatory classification for betting-related international transfers and tighter controls on payment providers operating in Brazil.

1 min read • May 6 • By Layla Victoria

Legal & Regulatory

Brazil retail sector targets betting restrictions

Vice-President Geraldo Alckmin said proposals from major wholesale retailers on betting restrictions will be forwarded to President Lula.

1 min read • May 6 • By Layla Victoria

eSports Online + 2 more

Where to Drive Tier-1 Sport Traffic in May: Top Events & Promos

May enhances the spring sports season dynamics: key tournaments are entering final stages, the calendar is getting denser, and audience interest is reaching peaks.

7 min read • May 6 • By Eddie Overs