Latam & Carribean , Legal , Regulation
November 29, 2024

Brazil Faces Over 2,000 Illegal Betting Sites Ahead of Licensed Market Launch

Brazil Faces Over 2,000 Illegal Betting Sites Ahead of Licensed Market Launch

Over 2,000 illegal betting sites are still active in Brazil, threatening the integrity of the upcoming licensed market. Despite efforts by Anatel and ANJL, current measures are proving ineffective, prompting urgent calls for more robust solutions. Protecting licensed operators and players requires a comprehensive strategy, including innovative payment blocking and enhanced regulatory authority. Explore the […]

Latam & Carribean , Regulation
November 8, 2024

Brazil’s Operators Withdraw Before Licensing Deadline

Brazil’s Operators Withdraw Before Licensing Deadline

Brazil’s emerging betting market is seeing a wave of operator withdrawals as high licensing costs and complex regulations pose serious barriers. With the market set to officially launch on January 1, 2025, several operators have opted out, citing unsustainable expenses and uncertain profitability. As Brazil’s legal landscape unfolds, industry insiders anticipate that only the largest […]

Latam & Carribean , Legislation
September 26, 2024

IBJR Members Fast-Track Credit Card Ban to October

IBJR Members Fast-Track Credit Card Ban to October

Concerned about financial harm in Brazil’s online betting market? The Brazilian Institute of Responsible Gaming (IBJR) and the National Association of Games and Lotteries (ANJL) have fast-tracked the credit card ban for gambling to October. This move aims to curb problem gambling and protect vulnerable players. Are you curious about how this decision could reshape […]