Ministry of Finance notifies Loterj about online sports betting

The Ministry of Finance sent a notification to Loterj (Rio de Janeiro State Lottery) requesting the interruption of the accreditation of online bookmakers, known as "bets", in the current format. The ministry argues that the state government, through Loterj, is accrediting bets without imposing...
Aston Villa and sports betting company Betano have announced a sponsorship agreement with an annual investment of around £40 million (equivalent to R$251 million). This hit became the biggest in the club's history involving the Aston Villa shirt. According to information...
The National Collegiate Athletic Association (NCAA) launched Draw the Line, an educational campaign for student-athletes about sports betting. The initiative will be broadcast on social media channels. The action also includes a membership toolkit for educational institutions and conferences to access resources that extend...
Bill 448/24, proposed by deputy Julio Cesar Ribeiro (Republicanos-DF), aims to allocate a portion of the revenue from online sports betting to the Brazilian Confederation of Deaf Sports (CBDS). The project is currently under analysis in the Chamber of Deputies. The...
The Ministry of Finance continues to make adjustments to the structure of the Prizes and Betting Secretariat (SPA). The appointment of the new general coordinator of Sanctioned Action for the municipality is included in the Official Gazette of the Union this Friday (22). The...

Lucas Paquetá clarifies investigation into alleged betting scheme

Midfielder Lucas Paquetá, currently called up for the Brazilian team's friendlies against England and Spain, addressed in a press conference this Wednesday (20) the investigation conducted by the English Football Federation (FA), which is investigating his alleged involvement in a sports betting scheme. This...
Senators demonstrated urgency in installing a Parliamentary Commission of Inquiry (CPI) to investigate allegations of match-fixing in Brazilian football. At the public hearing of the Sports Commission (CEsp) this Wednesday (20), participants debated the matter vehemently. Senator Carlos Portinho (PL-RJ) highlighted...
Caixa Econômica Federal, through its president, Carlos Vieira, is planning a strategic entry into the sports betting market. with the expectation of raising R$18 billion in two years. In an interview with Poder360, Vieira stated that the institution intends to operate both in the...
Combined gaming and sports betting revenue in Michigan reached a total of $218.5 million in February, recent reports reveal. This figure represents a decrease of 4.8% compared to the previous month. According to the Michigan Gaming Control Board, gross gaming revenues in the state...
The Bets phenomenon in Brazil is an indisputable truth. Brazil already represents one of the largest global markets in the sector, generating billions of dollars. When it comes to advertising, the country is not far behind. Just watch a football match to see the...

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