Recent cases of football players investigated for allegedly forcing yellow cards to manipulate results and influence the online betting market spark intense debates on individual conduct bets. The solution proposed by some authorities, including parliamentary inquiry committees (CPIs) on betting currently underway in Congress, is to ban this type of betting. For the Brazilian Institute...
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IBIA upgrades technology platform shortly before the sports betting market opening in Brazil – Games Magazine Brasil
The technology upgrade, developed in partnership with Bluehouse Technology, has been specifically tailored to meet IBIA’s operational needs. It streamlines the process for identifying and reporting suspicious betting activity, enabling a faster and more efficient response to potential integrity threats. The platform upgrade is part of IBIA’s ongoing commitment to investing in technological resources to...
Sports betting sites will invest US$ 345m in Brazilian football in 2025 – Games Magazine Brasil
Data from the National Association of Games and Lotteries (ANJL), which represents 21 companies in the sector, indicates that in 2025, the amount will be invested in clubs, federations, broadcasts, and general advertising. The competition has triggered a reaction from the retail sector against betting companies in various arenas, such as the courts and the...
STF concludes first day of public hearing on the impact of online gambling in Brazil – Games Magazine Brasil
At the end of the day’s proceedings, Minister Luiz Fux expressed his gratitude to both national and international speakers who presented their arguments. He emphasized the importance of the democratic and participatory process of the public hearings convened by the Supreme Federal Court (STF), noting that the ministers do not have mastery over all the...
Lula defends ban on betting on yellow and red cards in sports betting – Games Magazine Brasil
The bets made by the bookmakers, according to the senator’s proposal, would only be possible on the final result of the game. The statements were made during an interview with Kajuru and Senator Leila Barros on the PODK Liberados program. The conversation was recorded on Wednesday (6). Lula said he agreed with Kajuru’s proposal after the...
CBF discusses sports betting and match-fixing in football – Games Magazine Brasil
The CBF Summit Academy 2024 will take place on November 26, starting at 9 am (Brasília time) at the Tivoli Mofarrej Hotel, in São Paulo. The meeting will be opened by the president of the Brazilian Football Confederation, Ednaldo Rodrigues, and the Minister of Sports, André Fufuca. The topics to be discussed include football broadcasts...
Betway gives up operating in Brazil’s regulated sports betting market – Games Magazine Brasil
In an unexpected move, Betway, one of the largest global sports betting and online gaming companies, has withdrawn from operating in the future regulated Brazilian market. It was the 24th company to register with the Betting Management System (Sigap) of Secretariat of Prizes and Betting (SPA) of the Ministry of Finance, through Sorento Bay Ltda....
Deputy wants to ban sports betting on fouls and cards in Minas Gerais – Games Magazine Brasil
The bill presented by deputy Alencar da Silveira Júnior to the Assembly also prohibits the use of random games, such as roulette. In another article, the bill bans online betting on random games such as roulette, casinos, bingo and jogo do bicho. The section even covers variations of the so-called “jogo do tigrinho” (Fortune Tiger)....
INSS assesses impact of sports betting on social assistance beneficiaries in Brazil – Games Magazine Brasil
The INSS is responsible for paying social benefits to approximately 40 million Brazilians every month. Many of these beneficiaries are retirees who, although they do not face the same food difficulties as those who receive ‘Bolsa Família’, still have to manage a limited budget. Thus, any excessive spending can have significant consequences for their financial...
Lottopar and FPF sign agreement for sports integrity in the betting environment – Games Magazine Brasil
The objective of this technical cooperation is to develop actions aimed at sports integrity, ensuring safe and responsible gaming in the sports betting environment. The cooperation agreement does not involve financial contributions and the partnership is free of charge for both participants. Lottopar will promote training, lectures and other activities aimed at FPF members, the...
BETBY’s betting markets for the 2024 US presidential election “a hit” among its partners – Games Magazine Brasil
Sergey Tsukanov, Chief Product Officer at BETBY, highlighted the importance of this special bets content: “We are closely monitoring major global events, including the 2024 US Presidential election. For all our clients, we have created a special ‘US Presidential Election’ section featuring all available markets for the upcoming election.” “Our experienced trading team has presented...
OAB-SP holds symposium on gaming and sports betting law – Games Magazine Brasil
With the regulation of the sports betting and online gaming sector, civil society has taken a leading role in important discussions regarding the policies adopted for the sector. The Brazilian Bar Association (OAB) is one of the main supporters of the sector and has been discussing the current stage of the segment and how the...