by Michael Molter | Jul 26, 2023 11:18 am | Legal
Brazil could see sportsbooks launch online and in person within the next few months. Expectations have the Brazilian Congress modified the sports betting measure signed this week. BRASILIA – President Luiz Inacio Lula da Silva signed a sports betting measure on...
by Zachary Kelley | May 11, 2023 11:41 am | Sports Betting
The Brazil Public Ministry is investigating Max Alves for his involvement in a sports betting scandal. Alves was allegedly paid by a criminal gambling gang to record a yellow card in a match. While Alves has not been charged from the investigation, 16 other players...
by Jeremias Di Vico | Apr 18, 2023 3:12 pm | Legal
Following the move to legalize sports betting, Brazil has seen a slew of sportsbooks enter the market and offer their services. New proposals slated to be featured in a provisional measure seek to tax sportsbooks at 15%, but concerns over additional taxes may threaten...
by Jeremias Di Vico | Mar 7, 2023 4:53 pm | Legal
Following Luiz Inácio Lula da Silva’s election victory, Brazil began spending on social programs and are looking to tax online sports gambling to recoup these losses. Early reports estimate that the move to legalize and regulate online sports betting would net between...
by Brett Crown | Dec 8, 2022 4:28 pm | Sports Betting
Brazil is the World Cup favorite right now, with legal sportsbooks suggesting they will dominate Croatia in the Quarterfinals. Expected goal-scoring statistics also like Brazil to win big over Croatia, with bets on Brazil to cover the spread as the best bet of the...
