Betting boom in Brazil: Football drives transactions up 55%, tax revenue hits $1.3bn
Brazil's Federal Revenue Service reported BRL6.8bn ($1.3bn) in tax revenue from betting activities in 2025, while transactions were up due to football.
Brazil's Federal Revenue Service reported BRL6.8bn ($1.3bn) in tax revenue from betting activities in 2025, while transactions were up due to football.
The American Gaming Association (AGA)'s SVP of Strategic Communications, Joe Maloney, spoke to Global Gaming Insider about the FBI investigation uncovering and NBA betting scandal.
Western Europe delivers 27% growth while locally regulated markets account for 64% of group revenue.
The indictments contain descriptions of several unnamed NBA players whose injury status was connected to suspicious betting activity, although none of the players are alleged of wrongdoing.
The Swedish operator also generated an operating income of SEK 434m throughout the third quarter of 2025, representing a 9.3% increase from the prior year period.
Bill Miller released a statement on October 23 shortly after it was reported the FBI arrested 31 individuals who have been charged with multiple types of gambling-related offenses.
AGA President and CEO Bill Miller has criticized the NHL's recent partnership with Kalshi and Polymarket, arguing that the deal represents a departure from the state-regulated sports betting market the US has constructed over the past several years.
The senator warned that creating a public platform risks encouraging gambling addiction among vulnerable Brazilians.
A 'nationwide takedown' led by the FBI involves NBA players, coaches and members of Mafia crime families - the crimes are said to have 'hustled' tens of millions of dollars.
EstrelaBet will sponsor the opening event of the 2025/26 Kings League season.