Wednesday (31) has been important for defining the direction of the Brazilian online betting market. The Ministry of Treasury published a second ordinance in the Official Gazette of the Union, announcing the procedures for transferring the proceeds from revenue from sports betting and online games.
The Prizes and Betting Secretariat (SPA) of the Ministry of Treasury published the ordinance (SPA/MF No. 1,207, of July 29, 2024), defining the technical criteria of online gaming and live gaming studios to be observed by agents fixed-odd betting lottery operators.
The regulations establish...
São Paulo, Brazil's largest city, now has its own lottery. Mayor Ricardo Nunes (MDB) recently sanctioned Law 18,172/2024. The bill had been approved by the City Council on July 2nd.
Law details
The law, proposed by the municipal executive, establishes the...
The British government has appointed Fiona Twycross as gambling minister during a shake-up of the responsibilities of the Department for Culture, Media and Sport (DCMS).
This happened after Labor won the general election. The change gives greater importance to the gambling sector, with the...
The Federal Court prohibited Anatel (National Telecommunications Agency) from blocking sports betting sites outside the State of Rio de Janeiro as a result of the case involving Loterj.
This decision happened because, since last week, the municipality had prevented access to "bets" not registered...
Big Brazil, the company that owns the Caesars Sportsbook brand in Brazil, is the newest candidate to operate sports betting and online games in the country.
The company is the fifth to apply for the license on the website of the Secretariat of Prizes...
Caesars Sportsbook, a global betting brand based in Las Vegas, is expanding its operations to Brazil. The company recently successfully completed the Loterj Proof of Concept (PoC) to offer fixed-odds sports betting and online gaming in the State of Rio de Janeiro.
André Feldman,...
Last Thursday, the sportsbook Sportingbet submitted a request for authorization to the Secretariat of Prizes and Bets of the Ministry of Treasury (SPA/MF) to operate the fixed-odd betting market and online games in Brazil.
The company followed all guidelines and ordinances from the Ministry...
According to the Ministry of Treasury , a new plan is underway to crack down on illegal betting. The body will partner with the Central Bank (BC) with the aim of interrupting the financial flow from bank accounts associated with betting.
According to Regis...
Bill 2060/24 proposes the creation of the Humanitarian Lottery, an innovative initiative made up of special competitions administered by Caixa Econômica Federal.
The objective of this lottery is to collect and allocate resources directly to municipalities that are in a state of public calamity,...
