Could Consumers be affected by the transfer of Lotteries to Subsidiary?
Friday 19 de April 2024 / 12:00
2 minutos de lectura
(Brasilia).- Caixa Econômica Federal's Board of Directors has approved the transfer of the bank's lottery activities to Caixa Loterias. The company is a wholly-owned subsidiary of Caixa, and was set up in 2015 for this purpose.
According to Caixa, the change could bring greater profitability to the business. "The migration will provide greater focus and contribute to the objective of modernising the lottery business, expanding the gaming market, diversifying products and increasing results," says the bank.
Caixa exclusively operates the lottery games service, which includes brands such as Mega-Sena. These services are exclusive to the Federal Government, by law, but they have faced competition from online sports betting shops, the so-called bets, which are different in nature and were regulated by the government last year.
Protests
The change was approved despite protests from the bank's employee associations, who said that the move could open the door to privatisation of the business. Caixa said in a statement published last Sunday (14) that this move depends on Congress, regardless of which lottery operator it is.
As well as betting, lottery shops are an important part of Caixa's service network. In December last year, there were 13,300 units across the country, out of a total of 26,500 physical points of service for the bank.
Categoría:Lottery
Tags: Sin tags
País: Brazil
Región: South America
Event
SiGMA Central Europe
03 de November 2025
Driving Growth Through Localization: Maria Ism Reflects on Uplatform’s Impact at SiGMA Central Europe
(Rome, SoloAzar Exclusive).- Maria Ism, Sales Team Lead at Uplatform, shares key insights from SiGMA Central Europe, discussing market trends, high-quality networking, and the growing demand for tailored, scalable solutions across Europe—especially in Italy.
Wednesday 26 Nov 2025 / 12:00
Onlyplay Shines at SiGMA Central Europe in Rome: Insights from Anna Serheieva
(Rome, SoloAzar Exclusive).- Anna Serheieva, Head of Partnerships at Onlyplay, shared details on the company’s latest mobile-first games showcased at SiGMA Central Europe, highlighting the strong audience response and the event’s role in fostering networking and business opportunities across Europe.
Thursday 27 Nov 2025 / 12:00
WorldMatch Triumphs at SiGMA Central Europe: Awarded Best Game Provider Italy and Leading Global Expansion
(Rome, SoloAzar Exclusive).- WorldMatch made a powerful impact at SiGMA Central Europe 2025 in Rome, showcasing its cutting‑edge portfolio of iGaming content and celebrating a landmark achievement: being named Best Game Provider Italy 2025. Commercial Director Gabriele de Lorenzi highlighted plans for bold content diversification and international expansion, setting the pace for the next era of iGaming growth.
Tuesday 25 Nov 2025 / 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.