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Business
December 5, 2024
TGLAB Acquires SysGaming, Targets LATAM Growth
TGLAB, an ambitious and progressive iGaming technology partner, has announced its acquisition of SysGaming, a Brazil-based gambling software provider. This agreement is set to enhance the former company’s overall capabilities and presence in the LATAM region. TGLAB Will Reinforce Its Position in LATAM TGLAB already boasts a robust footprint in Latin America, with its presence […]
Sports
December 5, 2024
Botafogo RJ vs. Sao Paulo 2024 Brazil Serie A Odds, Time, and Prediction
Ahead of the final round of the 2024 Brazilian Serie A, Botafogo RJ is sitting in the No. 1 spot with 76 points. Palmeiras is just behind with 3 points fewer. What this means is that if Botafogo loses against Sao Paulo on December 8 and Palmeiras beats Fluminense, they’ll be on equal points. In […]
Industry
December 3, 2024
Bill in Argentina Proposes Gambling Ads Ban, Prohibition of Bonuses
Argentina is currently among the countries that enable the regulation of gambling on a local level. This otherwise means that different provinces govern gambling on their own, similar to other regulatory models such as the one in the United States, for example. However, new legislation seeks to impose a country-wide regulatory framework, proposing tough restrictions […]
Industry
November 19, 2024
Brazil Cracks Down on Gambling Bonus Marketing
In a decisive move to regulate its burgeoning gambling industry, Brazil’s National Consumer Secretariat (Senacon) has published Order No. 2,344/2024, introducing stringent restrictions on promotions within gambling in the country, maintaining adequate protections for vulnerable groups. The order mandates an immediate nationwide ban on the marketing of betting bonuses and ads aimed at problem gamblers […]
Industry
November 8, 2024
Paraguay Proposes Major Reforms to Gambling Law, Seeking to End Monopoly
On November 5, 2024, Paraguay’s government put forward a groundbreaking bill to transform the country’s gambling industry. This new legislation aims to end monopolies and tighten regulatory control. The proposal seeks to change and build upon the current Law No. 1016/1997, which oversees gambling operations in Paraguay. Proposed Reforms to Revitalize the Gambling Sector and […]
Industry
November 5, 2024
IBJR Highlights Key Pledges in Newly Released Manifesto
Ahead of the much-anticipated launch of legal sports betting in Brazil, the Brazilian Institute of Responsible Gaming (IBJR) released its manifesto, outlining its goal to contribute to the development of secure, transparent a healthy gambling environment. Brazil Prepares for the Launch of Legal Betting Legal online betting will come to Brazil on January 1, 2025. […]
Legal
November 1, 2024
Brazilian Gambling Industry Stakeholder Wants Whitelist to Go
This is reflected in a new lawsuit filed with the 13th Federal Civil Court of the SJDF, with the plaintiff, the Rio de Janeiro State Lottery, Loterj, insisting that the “whitelist” put forward by the government, and which allows stakeholders to launch gambling operations ahead of schedule is breaking the law. Rio De Janeiro State […]
Industry
October 30, 2024
Brazil’s Ministry of Finance Inks Deals with Match-Fixing Monitoring Bodies
On October 29, Brazil’s Ministry of Finance announced a five-year partnership with four major organizations that specialize in industry monitoring and integrity to help combat match-fixing. The Ministry’s Secretariat of Prizes and Bets (SPA) signed Technical Cooperation Agreements with betting data specialist turned into one of the world’s largest sports technology companies, Genius Sports, leading […]
Industry
October 28, 2024
Brazil’s Public Prosecutor’s Office Pushes for Loterj License Limits
Ahead of the launch of sports betting in Brazil, the country remains focused on ensuring the implementation of effective regulations that create a market that is competitive, fair and channels the consumers toward the legal offering. One particular focus of the government is ensuring it has all the power required for regulating gambling activities across […]
Industry
October 27, 2024
Court Approves Attorney General’s Decision to Not Whitelist Zeroumbet in Brazil
Dozens of betting companies have applied for a license before Brazil’s upcoming launch of regulated sports betting. Some of those who didn’t make it on time, took the matters to court, arguing that they couldn’t adapt to the new legalization schedule. While Brazilian authorities agreed to let some of the latecomers in, a court recently […]