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
PERU GAMING SHOW – PGS 2026
17 de June 2026
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
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
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