Click to listen highlighted text!

Superbet information Brazil’s second betting utility.

The Romanian-headquartered operator joins Betano on the list of official applicants, just over a month before the government closes its 90-day window of preference. Operators applying within the initial 90-day window set by the ministry of finance’s secretariat of prizes and bets (SPA) in May will take priority in the licensing process. and are guaranteed

Brazil bettors situation to face 15% tax on winnings.

A new normative ordinance in Brazil has confirmed a 15% tax on player winnings above BRL2,824 (£437.77/€508.05/$547.25). The Special Secretariat of Federal Revenue of the ministry of finance published Normative Ordinance No 2,191 in the Official Diary of the Union on Tuesday. The ordinance outlined the tax framework for betting in Brazil after the Federal

Could Brazil sports making a bet measure fail in Congress?.

The long-path to regulated sports betting has reached a critical point in Brazil with speculation mounting the National Congress will deny the required approval to Lula’s Provisional Measure (PM) within the 120-day deadline. Last week, lawmakers filed 244 amendments to Provisional Measure (PM) No 1,182, the presidential decree which confirms the 2018 Brazil law regulating

Click to listen highlighted text!