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High regulatory costs driving potential for M&A ‘boom’ in Brazil
May 21, 2024May 21, 2024by In Sports

High regulatory costs driving potential for M&A ‘boom’ in Brazil

Economist Adam Patterson believes high regulatory costs will drive an M&A “boom” for Brazil’s sports betting market. Brazil passed Bill 3,626/2023 to regulate sports betting and igaming on 21 December. President Luiz Inacio Lula da Silva then signed the bill into law later that month. The country is currently in the process of rolling out...