Brazil: Caixa's betting platform could be permanently scrapped
Brazil's President halted Caixa Econômica Federal's plan to launch its own betting platform, mentioning political contradictions.
Brazil's President halted Caixa Econômica Federal's plan to launch its own betting platform, mentioning political contradictions.
The operator's adjusted EBITDA for the first nine months of 2025 was reported to be €597m, representing an increase of 9.8% from the prior year period.
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.
Attorney General Keith Ellison issued cease-and-desist orders to 14 unlicensed operators on November 5, alleging the entities violated consumer-protection laws currently in place.
The operator seems confident it can bounce back despite losing one of its most widely marketed brands, which has now partnered with DraftKings. How long until HG Vora has something to say on the matter?
The operator will work alongside ESPN as it launches its new chapter in the sports betting scene.
After just two years, ESPN Bet is no more - Penn Entertainment and ESPN have mutually terminated their 10-year deal.
The match will take place at Tottenham Hotspur Stadium on 15 November.
The operator has brokered a new collaboration with Golf Australia ahead of the tournament.
During the country's Responsible Gambling Month, regulators have urged caution amid youth gambling addiction surge.