Las Vegas Casinos inaugurate online gambling in Brazil with US$16 million investment
Tuesday 01 de October 2024 / 12:00
⏱ 1 min read
(Brazil).- Las Vegas casinos such as MGM Grand and Caesars Palace are close to obtaining a licence to operate in the online gambling sector in Brazil. In addition, Hard Rock Cafe is looking for opportunities to enter the national market.
Multinational land-based gaming multinationals are opening their bets not only to profit from the online sector, but also to test the dynamics of the Brazilian market. They are already eyeing the possibility of opening casinos in paradise destinations and are looking to build their brands in the country.
Executives of these companies comment that Brazil followed a reverse process to the rest of the world: it legalised online gambling before organising the face-to-face gambling market under state rules.
In parallel to the authorisation of online gambling, the Parliament debated again the project to regulate ‘bicho gambling’ [parallel lottery], horse racing and casinos.
Caesars Palace already has a Loterj licence to operate in Rio, is currently building its headquarters in Americana, in the interior of São Paulo, and is hiring staff.
MGM Resorts has already invested R$54.25 million (US$10 million) in the project it will launch with Grupo Globo, BetMGM. In a post on LinkedIn, group CEO Bill Hornbuckle wrote that the company aims to bring the ‘authentic Las Vegas gambling experience to Brazil.’
By Pedro S. Teixeira
Categoría:Casino
Tags: Sin tags
País: Brazil
Región: South America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
ProntoPaga Consolidates Its Position at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, spoke exclusively after the company's participation in Peru Gaming Show 2026, highlighting the agreements reached, the interest in their payment solutions, and the expansion plans that will drive their growth across Latin America.
Monday 03 Aug 2026 / 12:00
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
