The significant increase in the number of cases of match-fixing made the government expedite a Provisional Measure (PM) for sports betting.
Yesterday the Ministry of Finance announced that it is finalizing the regulation of fixed odds bets. With this, we are close to having...
The Federal Government is finalizing the text of the Provisional Measure that regulates fixed odds Sports Betting in Brazil.
As already published by the iGaming Brazil portal, earlier today, the proposal for a Provisional Measure (PM), sent to the ministries that co-authored the measure...
The Federal Government is finalizing the regulation of fixed odds bets, known as the bet market. The decision seeks to formalize an area of public interest, establishing clear rules and guaranteeing a new source of revenue for Brazil.
The proposal for a Provisional Measure...
The president of the Chamber of Deputies, Arthur Lira (PP-AL) announced the installation of the CPI of Sports Betting, that is, a Parliamentary Commission of Inquiry destined to investigate cases of match-fixing in Brazilian football, on April 26th.
So far, Lira has not continued...
After being shelved for more than a year in the Senate, Bill (PL) 442/91 - for the legalization of gambling - moved forward again. President Rodrigo Pacheco dispatched the bill, now numbered 2234/2022, to be analyzed by the Constitution and Justice Commission.
A survey carried out by the British consultancy H2 Gambling indicates that bookmakers in Brazil will have, as net revenue, only 50% of the amount that the Ministry of Finance estimates to collect from the Sports Betting PM. In total, the amount expected by the government is...
In an interview with Rádio CBN on Friday (5), the Minister of Finance, Fernando Haddad, informed that the text of the PM for sports betting is being reviewed by the Civil House and undergoing final adjustments. According to the minister, the work should be concluded by...
With the growth of sports betting in the country, several cases of manipulation have taken the headlines in recent days. Match-fixing is a big problem in the Brazilian sports scene and the government is focused on looking for alternatives to mitigate this issue.
Because...
In the speech delivered in the Plenary on Thursday (4), senator Eduardo Girão (Novo-CE) defended that sports betting needs to be regulated in a responsible manner. According to the parliamentarian, this activity is a "trap" and represents only a visible part of a great problem that affects...
The National Congress should receive the provisional measure that is being prepared by the Ministry of Finance this May. The Sports Betting PM will serve to regulate the sector in Brazil.
The practice has been legalized in the country since December 2018 during the...
