brazil – Gamingo News

November 29, 2024

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 , Legislation , Regulation

November 26, 2024

Brazil Clarifies Rules for Migrating Player Data and Funds

Brazil’s gambling landscape is transforming as the regulated betting market nears its official launch. A new ordinance ensures bettors’ data and funds are seamlessly migrated to licensed operators. With secure transitions, player trust and compliance take center stage in Brazil’s fast-evolving gaming industry. Learn how these new rules pave the way for a safer and […]

Latam & Carribean , Regulation

November 26, 2024

Brazil’s Anatel Struggles to Block Illegal Gambling Sites

Brazil’s National Telecommunications Agency (Anatel) is struggling to block illegal gambling sites, likening the effort to “mopping up ice.” With over 5,200 domains flagged for blocking, the scale of the challenge highlights gaps in technology and regulatory power. Enhanced legal authority and technology investments could significantly curb illegal gambling and protect Brazilian bettors from financial […]

Latam & Carribean , Regulation

November 23, 2024

DigiPlus Qualifies for Brazil’s Federal Online Gambling Licence

Philippine gaming giant DigiPlus is set to enter Brazil’s highly anticipated regulated online gambling market, launching January 2025. The company’s Brazilian subsidiary has passed the qualification stage for a federal licence, solidifying its position in this booming sector. With robust expertise and record-breaking revenues, DigiPlus aims to deliver world-class gaming experiences tailored to Brazil’s dynamic […]

Latam & Carribean , Regulation

November 19, 2024

Brazil Bans Betting Bonuses and Tightens Ad Restrictions

Brazil’s Operators Withdraw Before Licensing Deadline

What happens when consumer protection takes center stage in a booming industry? Brazil’s government has introduced stringent measures to ban betting bonuses and restrict gambling advertisements targeting minors. As the country prepares for the official launch of its online betting market on January 1, 2025, these reforms are a critical step to ensure responsible gambling […]

Latam & Carribean , Legislation , Regulation

November 18, 2024

Brazil’s Supreme Court Tightens Gambling Regulations

Is Brazil ready for the launch of its regulated online gambling market in 2025? The Brazilian Supreme Court is ensuring it is. By ordering immediate changes to gambling regulations, including a ban on gambling with social benefits and restricting advertising to minors, the court is setting the foundation for a responsible and regulated market. These […]

Latam & Carribean , Regulation

November 8, 2024

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 , Regulation

November 5, 2024

Booming Games Certified in Brazil to Supply Licensed Content

Booming Games has officially received certification from Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery (SECAP), enabling it to supply its renowned portfolio of casino games to licensed operators within the burgeoning Brazilian iGaming market. This development signifies a key regulatory milestone for Booming Games as it strategically expands its global footprint in regulated markets […]

Daily News

November 2, 2024

Loterj Files Lawsuit to Halt Brazil’s SPA List

Federal Court Limits Loterj Licensees to Rio de Janeiro

The Rio de Janeiro State Lottery (Loterj) has launched a lawsuit in a Brazilian federal court, aiming to suspend the Secretariat of Prizes and Bets’ (SPA) list of approved gambling operators until the required fees are paid and a formal bidding process is completed. Loterj’s legal action highlights a complex regulatory battle as Brazil prepares […]

Finance , Latam & Carribean , Regulation

October 31, 2024

Ex-Finance Ministry Advisor Warns Against Banning Online Betting

José Francisco Manssur, former special secretary of Brazil’s Ministry of Finance, has issued a strong warning against banning online betting in Brazil. Manssur, who was instrumental in shaping Brazil’s current betting legislation, argues that prohibition would negate years of progress and harm Brazil’s economy and global standing. His comments come in response to Bill 4,031/2024, […]