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...
Tag: lotogol
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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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Parimatch announces Luís Fabiano as new brand ambassador – Games Magazine Brasil
In a video posted on the company’s official Instagram as part of the announcement, fans were asked to answer who they consider to be the best striker in the club’s history. With a wide response, many confirmed Luís Fabiano as the big favorite of São Paulo fans. The choice of Luís Fabiano as an ambassador...
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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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‘Bets’ are entertainment and it is urgent we talk about it – Games Magazine Brasil
The regulation of gambling in Brazil, scheduled to come into force in 2025, represents an important milestone in the way this activity is perceived and managed in the country. Amidst a scenario of growing popularity of online gambling, it is essential to discuss the positive aspects of this regulation, which not only legitimizes gambling as...
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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
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
“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
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
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...
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Quixant and Novatrade partners to drive Brazilian gaming and sports betting industry growth – Games Magazine Brasil
By leveraging Novatrade’s expertise, Quixant’s customers will gain a significant market advantage, enabling them to be among the first to launch their games in Brazil when the market is legalised, thereby capturing early market share and maximizing growth opportunities. With Brazil set to become a central player in the thriving Latin American gaming and sports...
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Senator Omar Aziz to appeal Attorney General’s Office to suspend sports betting sites in Brazil – Games Magazine Brasil
The goal, according to the senator, is to take the sites offline. “Like they did with Twitter. It’s simple. Especially because they are destroying families,” Aziz said in a video published on social media this Sunday (15). The bill that regulated betting, paved the way for online casinos and created rules for these companies to...