Saturday, November 28, 2020

Tag: Brazil

Covid kicks Brazilian sports betting into 2021

Sports gambling betting brazil postponed until 2021
Although sports betting has been formally approved in Brazil, legislators have postponed efforts to launch the market this year as priorities shift to tackling the covid-19 pandemic.

Unlimited sports betting licences off the cards for Brazil

Brazilian betting licences
Despite the Brazilian government stating in May it would pursue a concessionary approach to licensing, founding partner of Montgomery and Associados Neil Montgomery has told iGaming Times that a third draft decree has hinted unlimited awards could be reduced to just 30.

Brazil instigates major rethink of upcoming gambling regime

Brazil rethink gambling regime
Following an intervention by the Attorney General of the National Treasury, officials are now preparing to launch a third public consultation on Brazilian gambling law, with lawmakers allegedly considering a more restrictive concession-style model for their upcoming regime.

OGaming chief prepares for Brazil and India launch

OGaming Thomas Golding
Having rapidly secured a footing in tightly contested European markets, Thomas Golding, CEO of sports betting start-up, OGaming, is now paving the way towards two of the world’s largest and more sports-obsessed markets.   iGAMING TIMES: Can you tell us a little about OGaming – how you guys started to where you are today? THOMAS GOLDING: OGaming was borne out of...

Brazil poised to release final draft regulations in March

Brazilian final draft regulation
Having missed its provisional deadline in December, the Brazilian Ministry for Economy is now planning to release full details of its forthcoming sports..

Brazilian market will be open to ‘bad actors’, authorities confirm

Brazilian legislation sportsbetting authorities
The Brazilian government has moved to clarify several aspects of its sportsbetting legislation, reassuring international firms that operators currently..

Brazil sets stage for legal sportsbetting with consultation launch

Brazil sportsbetting
The Brazilian Economic Ministry has set the wheels in motion for its hotly anticipated online and landbased sportsbetting regime, releasing a..

Betinvest at the Brazilian Gaming Congress

The Betinvest team will be welcoming guests at at stand 7 of the Brazilian Gaming Congress, when the event is held 23-25 June. The company is to captivate visitors with their wide portfolio of sports betting products and special offers as all key players of the gambling industry come together in Brazil. “Brazil is an attractive location for the sports betting...

Bricking it: Brazil’s House of Deputies proposes step forward in online legislation

Brazil, House of Deputies, online, legislation, politics
Brazil’s House of Deputies has proposed another step forward in gambling legislation, with 32 new land-based casino licences on the cards. However, is PL530/2019 a necessary step toward establishing an online market, or another fumble…

Brazil minister backs IRs despite anti-gambling rhetoric

Brazil, minister, IRs, anti-gambling, rhetoric
Brazil’s new tourism minister has thrown his support behind the construction of integrated resorts in the country, despite openly opposing the gambling industry. "What worries the evangelical Catholic part of the bench is the worker entering…

Brazilian uncertainty as Bolsonaro wavers on wagers

Brazil, football, BOLSONARO
With Bolsonaro relying on a wave of traditional, nationalist feeling to ride into power, a progressive attitude to gambling legislation was far from the core of his campaign. But while the new president is visibly unsure of whether to back legislation,

Loterias Online celebrates first month revenue as Brazilian online demand grows

BRAZIL, LOTTERY, Loterias Online, Loterias Caixa division, lottery
Brazil’s recently launched Loterias Online has registered a strong initial month, recording 341,000 unique player registrations to deliver 3.5 million plays. The online lottery game, released by the Loterias Caixa division of the country’s state...

Brazil’s lottery privatisation fails to achieve one bid

Brazil
Brazil’s auctioning of its scratchcard lottery firm, Lotex, has fallen flat as not a single bid came forward to take it. Lotex is instant lottery company which operates under a 15 year concession issued by the state, and is currently run by the Caixa …

Maia proposes streamlined gaming legislation to break Brazil deadlock

Rio de Janeiro
A prominent Brazilian politician is pushing for a pared-backed casino and online regulation as a means of moving forward with the country’s beleaguered gaming bill. Meanwhile, illegal operators continue to thrive in the market with one enterprising

Hugo Baungartner explores Brazil ahead of Juegos Miami

RCT Hugo Baungartner
60 Second Interview: RCT's COO Hugo Baungartner discusses Brazil’s transformation ahead of Juegos Miami Hugo Baungartner, COO at Brazilian consultancy RCT Gaming, is one of the many expert authorities taking part in this year’s Juegos Miami (May 30 - June 1, Miami Biltmore Hotel). Ahead of his participation in the Juegos Miami Country Roundtables feature, which provides delegates with an...

Country Roundtables return for Juegos Miami

Juegos Miami Roundtables
Juegos Miami, the unique invitation only, C-Level event for the Pan Latin American and Caribbean gaming industry, taking place at The Biltmore Hotel, Miami, May 30 – June 1, will be providing delegates with an unrivalled opportunity to engage with the region's key decision makers courtesy of a series of country specific roundtables.   The initiative will bring together regulators from...

Neteller and Skrill withdraw from Brazil online market amid ongoing legal confusion

brazil neteller
Online gamblers in Brazil have been informed by payment processors Neteller and Skrill that the firms will no longer process transactions in the country.   The companies, both owned by Paysafe Group, emailed users on 10 January with the message that from 21 February they “will no longer process deposits by members in Brazil to gambling merchants.” The reason for the withdrawal...

Sportradar: Brazil will reward those that take their time

Betting Business bgc Brazil sportradar
iGaming Times asks Sportradar’s managing director of Lat Am, Luiz Gustavo Zonca, about the possibility of Brazilian betting legislation in 2018. Momentum is building, he says, and the potential is enormous. But those expecting to buy their way in, may be disappointed.   iGAMING TIMES: There appears to be heightened enthusiasm for a legislative breakthrough in Brazilian gaming this year. Is...

Five markets to look out for in 2018

Markets 2018 Netherlands
As we enter a new year, it's time to take a look at five markets resolved to step into the light this year. Nothing is certain, but if lawmakers vote the right way another half a billion people could have access to by 2019.   AN AMERICAN DREAM – UNITED STATES Above all else the industry will be hoping for a positive...

Zitro history detailed in “emotional” video by Oritz

Zitro Oritz video
The president of Zitro, Johnny Oritz, unveiled an “emotional” video recording the company’s 10-year history at the opening of Zitro Experience in Mexico.   During the presentation of Zitro Experience last week in Mexico, Zitro broadcasted the opening video of the event which includes an emotional narration by its president, Johnny Ortiz, about the history of Zitro. Recounting his professional career, from...

G2E Asia 2017: A tilting of the scales

BBi - Macau G2E
With a new Asian middleclass now primed for western-style leisure spending, there were more than just casino suppliers upping the ante in Macau at G2E Asia.   Since Macau returned to Chinese hands at the turn of the century, its decade and a half of gaming growth has been sporadic: too reliant on a coterie of high rollers and too exposed...

Brazil’s move towards legalisation continues despite setbacks

Betting Business - Brazil’s move towards legalisation continues despite setbacks
This December concludes a year of highs and lows for Brazil’s twin gaming bills, as the country’s path towards the legalisation of gambling continues to play out like a game of snakes and ladders. A Senate vote on the issue, which had been tabled for 14 December, has been delayed indefinitely after lawmakers decided to send the legislation back to...

Brazilian senators on the verge of gambling history

Betting Business Brazil
As Brazil eyes up the fiscal fruits of sweeping regulation, senators are poised to embark on perhaps the greatest market launch in global gaming history.   Of all the countries in the G20, Brazil is the only non-muslim member not to have legalised and regulated gambling. That only Saudi Arabia and Indonesia share Brazil’s stance, and in their case for clear...

BgC to provide in depth analysis of commercial opportunities

Betting Business bgc Brazil sportradar
The Brazilian Gaming Congress outlines the focus of this year’s event with in depth sessions covering the commercial opportunities in the region.   The focus of the forthcoming Brazilian Gaming Congress (BgC) is to discuss the Brazilian market from the perspective of gaming regulation. Discussions will address the positive impact that the definition of a legal framework will provide, such as...

Brazil to vote on the legalisation of gambling after Olympics

Betting Business, legalisation of gambling vote
With two bills under debate in the National Congress, Brazil’s steep and winding road to the legalisation of gambling has taken a further turn this month with interim president Michel Temer’s office proposing the creation of a state betting monopoly. The Brazilian government is taking steps to overturn a seven-decade ban on gambling in an effort to raise tax...

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