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Legal Sports Betting | Brazil | Last Updated on: December 17, 2020
FanDuel Partners With CAGE Companies For LatAm Sports Betting

FanDuel Partners With CAGE Companies For LatAm Sports Betting

by Hasan Nabulsi | Dec 17, 2020 10:07 am | Sports Betting

FanDuel’s partnership with The Cage Companies will allow FanDuel to offer sports betting at CAGE gambling terminals where CAGE is licensed and sports betting is legal. FanDuel will be accessible to 24% of the US population in 2021 after they launch in Virginia and...
BetCris Enters Brazil Sports Betting Market With Portuguese Site

BetCris Enters Brazil Sports Betting Market With Portuguese Site

by Giovanni Shorter | Dec 3, 2020 12:47 pm | Sports Betting

Betcris officially launches in Brazil and other Latin American sports betting markets. Betcris believes Brazil will be a major market for legal sports betting. Both pregame and live in-game wagering will be available. BRASILIA, Brazil – Sports bettors in Brazil and...
Brazil Sports Betting Market Conflict Over Privatization

Brazil Sports Betting Market Conflict Over Privatization

by Giovanni Shorter | Oct 5, 2020 12:26 pm | Regulatory

Brazil President Jair Bolsonaro has signed into law to privatize the legal sports betting market which has led to conflict. Senator Jaques Wagner has submitted a request to the Ministry of Economy to justify privatized sports betting. Many officials opposed the...
Brazil President Signs Privatization Decree For Sports Betting

Brazil President Signs Privatization Decree For Sports Betting

by Giovanni Shorter | Aug 20, 2020 11:15 am | Regulatory

Brazil president Jair Bolsonaro signs Decree No. 10,467 which brings regulated sports betting to the countries legislation. Per the decree, the National Bank for Economic and Social Development (BNDES) and the Ministry of Economy are responsible for sports betting in...
Brazil Moves To Privatize Sports Betting After COVID-19

Brazil Moves To Privatize Sports Betting After COVID-19

by Carter Floyd | Jun 23, 2020 10:00 am | Regulatory

Brazilian President Jair Bolsonaro is set to grant final approval on a plan to transfer control of the sports betting industry from the public sector to private operators. This plan is likely a result of Brazil’s need to cut government spending in the wake of the...
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