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Industry
December 7, 2023
New Setbacks Further Postpone Brazil’s Crucial Sports Betting Bill
The eagerly anticipated Senate vote on Brazil’s sports betting bill, Bill 3,626/23, has faced yet another postponement, marking the second delay in its passage. This latest failure to vote on this landmark legislation stemmed from the absence of certain senators attending the United Nations climate conference (COP 28) in Dubai, as revealed by Senator Angelo […]
Legal
November 30, 2023
Sports Betting Proposal in Brazil Delayed Once Again
The voting on a proposal calling for the legalization of online sports betting and casino gambling in Brazil was delayed Wednesday amid growing concerns from Senators opposing online gambling activities. Last week, Brazil’s Senate’s Committee on Economic Affairs (CAE) approved the sports betting tax bill that called for the regulation and taxation of online casinos […]
Sports
November 27, 2023
Brazil’s CBF Appoints Eduardo Gussem as Integrity Officer
Brazil’s soccer federation, CBF, announced the appointment of Eduardo Gussem as the body’s new integrity officer. Gussem was appointed by the organization’s president, Ednaldo Rodrigues on Friday, November 24. Gussem is an experienced individual who has previously served as Attorney General of Justice and President of the Public Ministry Association of the State of Rio […]
Sports
November 27, 2023
Eduardo Gussem to Oversee the New CBF Integrity Unit
Brazil’s soccer governing body founded in 1914, the Brazilian Football Confederation (CBF), has announced the creation of a new Integrity Unit that will be led by former attorney general of Rio, Eduardo Gussem. The Need for “Fast, Sustainable and Effective” Cooperation From his new position as integrity officer, Gussem will carry on the important fight […]
Poker
November 23, 2023
Brazilian Poker Professional Tries to Cheat, Gets Suspended
Rafael Caiaffa, а professional poker player from Brazil, has been disqualified from a tournament and suspended from all Brazilian Series of Poker because of a cheating attempt. For reference, the incident occurred on the second day of the LAPT Mystery KO tournament. The BRL 5,000 event saw Caiaffa provided with 100,000 chips when upon registering. […]
Sports
November 23, 2023
Brazilian Senate Committee Approves Sports Betting Tax Bill
Brazil’s Senate’s Committee on Economic Affairs (CAE) greenlit a proposal on November 22 to regulate and tax the burgeoning market of online sports betting and casinos in the country. New Bill Proposes Reduced Taxes on Betting Houses and Bettors’ Winnings The approved bill lays out regulations governing the operations of betting houses in the country. […]
Industry
November 22, 2023
Brazil: Senate Postpones Sports Betting Discussions
Brazil’s Senate has once again pushed back its decision about the future of sports betting. The country has been preparing to launch wagering on sports for some time now but the legislators continue to be indecisive. In addition to the Senate, the Economic Affairs Commission (CAE) delayed its Tuesday meeting to Wednesday, further signifying the […]
Sports
November 13, 2023
Brazilian Soccer Clubs Speak Out Against Betting Advertising Ban
Brazil’s proposed ban on sports betting advertising doesn’t sit well with professional soccer clubs. Teams expressed their opposition to the measure by sending a letter to the Senate, hoping to convince it not to include the ban in the final version of Brazil’s sports betting bill. Under the ban, which is envisioned as a part […]
Legal
October 30, 2023
Brazil Sets Stringent Requirements for Sportsbook Operators
Brazil’s Ministry of Finance has released a comprehensive set of requirements for sportsbook operators intending to enter the regulated market after its establishment. All interested operators must express their intent within 30 days to expedite the process. The new regulatory framework is now under Senate review after approval in the lower house earlier this year. […]
Legal
October 11, 2023
Senator Angelo Coronel Selected for Rapporteur of Betting Bill in Brazil
Efforts for the legalization of sports betting in Brazil continue. Earlier this week, Senator Angelo Coronel was appointed to the role of rapporteur for a bill that proposes the legalization of wagering on sports in the country. The latest announcement comes after the proposal, Bill 3626 / 2023, successfully cleared Brazil’s lower house of Parliament […]