Gambling Clear News
The International Betting Integrity Association (IBIA) has announced sports betting brand Galera.bet as its latest member. Match Time Solutions-owned online operator Galera.bet is focused on the Brazil market. Galera.bet joins almost 50 companies and more than sports betting brands within the IBIA network of members. “We are honoured to work with IBIA and to be
Brazil’s government has launched the Provisional Measure for sports betting, in a move that marks the end of a 20-year wait period for the country. The Provisional Measure (PM) was adopted by Brazil’s president, Luiz Inácio Lula da Silva, and signed by the Ministries of Finance, Planning, Management, Health, Tourism and Sports. Once signed by
There have been a number of concerns regarding the proposed 15% tax rate on gross gambling revenue in Brazil, with one high profile stakeholder arguing the true rate could be 26.25% after additional contributions. On 12 April, Brazil’s Ministry of Finance held a public audience in Brasilia announcing that that it would be imposing a
NeoGames and Intralot do Brasil have announced the launch of LotoMinas, the first regulated ilottery and online sports betting solution for Brazilian state Minas Gerais’ official lottery, Loteria Mineira. The multi-year turnkey agreement – which was first announced in June – sees NeoGames enter the Brazilian market, in a project that will involve long-term cooperation
A breakthrough in Brazil’s sports betting impasse may be imminent, with one legal expert suggesting recent match-fixing incidents may have accelerated progress The Ministry of Justice is to send in a proposal to the government to regulate sports betting, potentially bringing a process that first began in December 2018 to a successful conclusion. Many had
