Brasília, April 22, 2024 – John Textor, owner of Botafogo’s soccer corporation (SAF), kept his appointment in Brasília yesterday to testify before the Senate’s Parliamentary Inquiry Committee (CPI) on match-fixing and sports betting. Arriving at the Senate, the American businessman praised the committee’s conduct. Textor presented key information during a confidential session at the Senate. His testimony kept the committee’s ...
Brazil’s largest gathering of the iGaming, bettech and sports betting ecosystem will feature a panel with Fernando Garita on the rise of online betting in Brazil and the role of digital marketing in the industry Fernando Garita, CEO of Betsul, will attend the Brazilian iGaming Summit (BIS), the leading gathering of companies and professionals in Brazil’s iGaming, bettech and sports ...
Greyhound races are exciting events that attract betting fans and sports enthusiasts alike. These competitions offer a range of betting possibilities, giving participants plenty of choices to test their intuition and knowledge. Types of greyhound bets include picking the race winner, combinations of finishing positions and how the greyhounds perform over the course of the race. At these events, the ...
Payment processing differs significantly for businesses classified as high-risk compared with low-risk ones, a crucial factor to consider when choosing a processor. High-risk businesses are more likely to face higher rates of fraud, chargebacks and refunds, which makes it essential to choose a reliable and secure processing partner. Companies that specialize in high-risk processing excel at tackling the unique challenges ...
In recent years, the world of combat sports has seen exponential growth in popularity, with a range of disciplines attracting the attention of fans and bettors around the globe. Among them, Bare Knuckle Fighting Championship (BKFC) stands out, reviving an old form of gloveless boxing and bringing a new dimension to the fight scene. This phenomenon has not only revitalized ...
Online betting in Brazil has grown in prominence in recent years, fueled by easy access and the wide range of options offered by many platforms. At the end of 2023, Brazil’s Congress passed and the president signed the regulation of online betting in what became known as the “Bets Law.” However, betting’s growing popularity raises questions about the precautions needed ...
President Luiz Inácio Lula da Silva signed, with vetoes, the law governing sports betting and online casinos run by companies popularly known in Brazil as “bets.” The measure was made official in a supplementary edition of the Federal Official Gazette (Diário Oficial da União) last Saturday, December 30. Among Lula’s vetoes, the most notable struck provisions that would have reduced ...
Brazil’s Chamber of Deputies approved in the early hours of Friday, December 22, the bill that sets the rules for taxing sports betting, including taxes on online games and wagers, putting them on the same footing as online casinos. The bill’s rapporteur in the Chamber, Representative Adolfo Viana (PSDB-BA), restored the provision that senators had removed. With 292 votes in ...
In a crucial decision on Tuesday, December 12, Brazil’s Federal Senate approved a bill to regulate and tax the sports betting market, popularly known in Brazil as “bets.” The original bill, which included taxing virtual games of chance such as online casinos, was amended by senators, resulting in a revised version that covers only wagers on “real events.” The bill ...
Amid rapid change and technological progress, sportsbooks have emerged as a global phenomenon, winning an ever-wider fan base and establishing themselves as a multibillion-dollar industry. From Las Vegas to Macau and from London to Monte Carlo, the world is watching this industry flourish as it draws the attention of casual and professional bettors alike. Growth Driven by Technology The arrival ...