The Ministry of Finance informed interested parties that, unless something imponderable happens in the coming weeks, the sports betting MP will be ready in April. The provisional measure is being prepared and has already had some details revealed by the minister, Fernando Haddad.
The...
The UK government is expected to finally confirm a spin limit for online games, possibly bringing them in line with land-based betting machines. The Guardian reported that the government is expected to announce the measure next Friday (23).
The change has been under discussion...
In a hearing at the Education, Culture and Sport Commission, the Minister of Sport, Ana Moser, detailed the portfolio's expectations and plans for the coming years. In addition, she announced that the ministry will participate in debates on the regulation of sports betting and electronic sports.
After a third reading by the Texas House of Representatives, the state's sports betting bill heads to the Senate. House Joint Resolution 'HJR 102' and Representative Jeff Leach's Bill 'HB 1942' now go to the Senate.
HJR 102 received 101 out of a possible...
Until 1946, gambing took place normally in the country. However, the then president Eurico Gaspar Dutra ended the activity in the entire country. Brazil had 71 casinos that generated 60,000 direct and indirect jobs at the time.
Today, political leaders support the release of...
The working group created by the president of the Chamber of Deputies, Arthur Lira, to develop a new proposal for the project known as the “Gambling Regulatory Framework in Brazil” will support a broad legalization of games in the national territory.
According to an...
The Brazilian Ministry of Finance, in a strategic move dated October 27, promulgated Ordinance No. 1,330.
This ordinance is a regulatory framework, establishing strict guidelines for companies that aspire to operate in the fixed-odd betting niche in the country.
The core...
The evangelical parliamentary wing in Congress is planning to block consideration of the proposed sports betting regulation. The Ministry of Finance is currently preparing a provisional measure that proposes the legalization of this type of game related to competitions organized by confederations, leagues and federations. Meanwhile, Senate...
The sports betting regulation, in effect since July, will likely have significant effects on bookmaker operations.
Brazil is home to approximately 500 of these companies, but, according to a survey conducted by Hand - an independent consultancy specializing in the sale, purchase and management...
This Wednesday, the 13th, the bill that establishes the regulation of fixed-odd sports betting was approved by the Chamber of Deputies.
The project aims to redistribute revenue, impose grants, as well as introduce requirements and limitations.
Furthermore, as published in Agência...
