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Legislation

Congress approved the legalization of sports betting in Brazil

Friday 23 de November 2018 / 12:43

2 minutos de lectura

(Brazil).- The Chamber of Deputies approved last Tuesday (November 20th) the Provisional Measure (PM) 846/18, which creates a new lottery by fixed quota that regulates online and land based sports betting and redistributes funds from the federal lotteries to the National Public Security Fund (FNSP).

Congress approved the legalization of sports betting in Brazil

The Ministry of Finances will have a period of two years, extendable for two more, to establishes the regulations for concession to the operators of this gaming vertical that has an estimated value of R$ 4.3 billion (US$ 1.15 billion) in Brazil.  


The PM 846/18 replaces the PM 841/18 and now it is expected to be voted on the Senate by November 28th. (Source: Games Magazine Brasil).  


From December 3rd to 4th, at the Pacaembu Football Stadium, in São Paulo, the Online Gaming Summit - OGS Brazil - will gather operators, suppliers, regulators and authorities to discuss the currently scenario and a future regulation of the sector of Online Gaming and Sports Betting in Brazil. Check the complete agenda and learn more about on how to attend: www.ogsbrazil.com.br

Categoría:Legislation

Tags: Sports Betting, Sportsbook ,

País: Brazil

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

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