Opening of Brazil's Gambling Market Brings Lawyers Tons of Work
⏱ 1 min read
(Brasilia).- Work has “exploded” for lawyers who advise gambling companies and their suppliers since a sports betting law was enacted in December.
Brazil is betting big on gambling after nearly a century of restrictions, upping the ante for law firms to guide players in the sector on how to do business in one of the world’s largest and most complex economies.
President Luiz Inácio Lula da Silva signed a law in December that regulates fixed-odds betting in Brazil, where online wagers have flourished in a gray area since sports bets were legalized in 2018—undoing a prohibition in place since the 1940s.
The Bill PL3626/23 signed by the President, establishes the regulatory framework for Brazil to launch its federal sports betting marketplace.
Authorised by Lula on Saturday, December 30, the president’s endorsement completes the legislative process, steering clear of the 2022 impasse when former President Jair Bolsonaro withheld federal sign-off of sports betting.
Categoría:Gaming
Tags: Sin tags
País: Brazil
Región: South America
Event
AffPapa Conference Madrid 2026
18 de May 2026
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Thursday 04 Jun 2026 / 12:00
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(Madrid, SoloAzar Exclusive).- At the AffPapa Conference Madrid 2026, held May 18–20 in Spain, SoloAzar once again embraced interactive formats that brought together executives, operators, affiliates, and suppliers from the online gaming industry. This year, the media outlet introduced “Industry Referees for a Day”—a social media video series inspired by soccer and refereeing. Sector leaders were invited to use red, yellow, and green cards to highlight practices that either benefit or harm the iGaming ecosystem, while also sparking fresh networking opportunities among attendees.
Wednesday 03 Jun 2026 / 12:00
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