Congress approved the legalization of sports betting in Brazil
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).
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
GAT EXPO CARTAGENA 2025
28 de April 2025
Colombian Olympic Committee, GAT Expo, and Colombian Official Esports Announce Historic Partnership to Promote Esports as an Olympic Discipline in Colombia
(Cartagena) - The Colombian Olympic Committee (COC) and GAT Esports have sealed a strategic partnership to promote esports as part of the country's professional sports ecosystem. The announcement was made at a formal ceremony held at the gaming industry products and services exhibition hall, attended by Marco Emilio Hincapié, President of Coljuegos, COC executives, José Aníbal Aguirre, CEO of GAT Esports, media, and special guests.
Wednesday 30 Apr 2025 / 12:00
GAT Expo 2025: Novelties, technology, innovation, and high-level networking in the magical city of Cartagena
(Cartagena, SoloAzar Exclusive).- Today concludes GAT Expo Cartagena 2025, which has taken place this week with the presence of 23 countries and more than 70 international brands in the historic city of Cartagena de Indias, with its cobblestone streets, flower-filled balconies, and centuries-old walls.
Wednesday 30 Apr 2025 / 12:00
Successful Start to GAT Expo Cartagena 2025, Which Continues with Two Days of Gaming Sector Exhibitions
(Cartagena, SoloAzar Exclusive).- Perfect attendance and strong performance were the highlights yesterday at the GAT Academy conference series at the start of GAT EXPO Cartagena, which continues today and tomorrow with the exhibition of products and services from important companies in the gaming sector, both traditional and online.
Tuesday 29 Apr 2025 / 12:00
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