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Senate launches a parliamentary inquiry on ‘Bets’ and their influence on family budgets – Games Magazine Brasil

Senate launches a parliamentary inquiry on ‘Bets’ and their influence on family budgets – Games Magazine Brasil

According to the request, the CPI will also investigate the possible association of online betting companies “with criminal organizations involved in money laundering practices, as well as the use of digital influencers in the promotion and dissemination of these activities.” The author, Senator Soraya Thronicke, said that the objective of the CPI is to analyze...

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Retail and Betting: two sides of the same coin in financial and mental health – Games Magazine Brasil

Retail and Betting: two sides of the same coin in financial and mental health – Games Magazine Brasil

Betting and Retail, although operating in different contexts, share common characteristics that can have negative side effects for the population, both in terms of mental and financial health. Society often associates betting with risks of addiction and economic harm, but it frequently overlooks the fact that the retail sector can provoke similar problems. Thus, it...

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All companies associated with Lotema are authorized by Finance to operate sports betting – Games Magazine Brasil

All companies associated with Lotema are authorized by Finance to operate sports betting – Games Magazine Brasil

The documents list all companies that operate with sports betting, known as ‘Bets’ in Brazil, authorized to continue operating, at the state and national levels. On the national list, 93 companies with 205 bets have been authorized. On the state list, 18 companies have been authorized. Among the four companies authorized by Lotema, Embralote, whose...

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Government backs down on blocking Bolsa Família card for online betting – Games Magazine Brasil

Government backs down on blocking Bolsa Família card for online betting – Games Magazine Brasil

This week, about 2,000 illegal websites will go offline. Additionally, the Federal Police is investigating money laundering by criminal organizations using the IDs of beneficiaries, which could inflate the numbers of those in debt. The Ministry of Finance updated its list on Thursday (3rd) with all the online betting companies authorized to operate in Brazil...

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Betsat files official application for license to operate sports betting and iGaming in Brazil – Games Magazine Brasil

Betsat files official application for license to operate sports betting and iGaming in Brazil – Games Magazine Brasil

“Another step has been taken. We have been on this path since last year. Of the more than 5,000 betting houses operating in Brazil, we are part of the approximately 1% that have expressed interest since the beginning of the discussions on the final regulation. Our values involve creating a healthier and safer environment for...

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Google will block ads from ‘Bets’ without authorization from the Finance Ministry – Games Magazine Brasil

Google will block ads from ‘Bets’ without authorization from the Finance Ministry – Games Magazine Brasil

Only companies that have requested authorization to operate from the government and are already operating will be able to continue their activities between October and the end of December. The publication of the ordinance aims to combat gambling addiction in Brazil. In order to advertise, Google reported that, based on the update to its advertising...

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EstrelaBet and Genius will give a view of the innovations to revolutionise sports betting in Brazil – Games Magazine Brasil

EstrelaBet and Genius will give a view of the innovations to revolutionise sports betting in Brazil – Games Magazine Brasil

This is a unique chance to engage with industry leaders and gain valuable insights. Set to officially open in a matter of months, Brazil’s regulated online sports bettingmarket is estimated to generate $5 billion in annual revenue within five years. But what will it take to launch and scale a winning sportsbook in Brazil, according...

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Gaming, betting and casinos to be topics of COB EXPO 2024 and IDT-CEMA 1st Sports Tourism Forum – Games Magazine Brasil

Gaming, betting and casinos to be topics of COB EXPO 2024 and IDT-CEMA 1st Sports Tourism Forum – Games Magazine Brasil

“The purpose of the Sports Tourism Forum is to bring together leaders from different sectors to create synergies and develop opportunities to strengthen destinations, generate income and create new Olympic and life champions,” explains Bruno Omori, president of IDT-CEMA and coordinator of the event. Two strategic debate panels will be presented: “Potential of Sports Tourism...

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Challenges and opportunities: mergers and acquisitions in the Brazilian betting market – Games Magazine Brasil

Challenges and opportunities: mergers and acquisitions in the Brazilian betting market – Games Magazine Brasil

The mergers and acquisitions (M&A) sector in Brazil has been expanding rapidly in several segments, and the sports betting and casino games market is no exception. With the regulation of online sports betting in the consolidation phase and the growing demand for gambling in the country, 2024 presents a fertile scenario for M&A transactions involving...

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“Kambi and KTO partner to deliver unforgettable betting experiences in Brazil” – Games Magazine Brasil

“Kambi and KTO partner to deliver unforgettable betting experiences in Brazil” – Games Magazine Brasil

Games Magazine Brasil – Kambi recently signed a multi-year partnership with KTO Group to power their online sportsbook. What were the key factors that made KTO an ideal partner for Kambi? David Bretnitz – We were very proud to sign with KTO. They are a fast-growing operator, one which boasts an extensive customer database and...