News

IBJR Warns That Prediction Markets Are Disguised Betting and Require Regulation

The Brazilian Institute for Responsible Gaming (IBJR) has issued a statement regarding the possible creation of prediction markets in the...

André Gelfi: “Sports Prediction Markets Are a Creative Maneuver to Bypass Regulation”

Shortly after moderating one of the most highly attended panels at the SBC Summit Rio 2026, André Gelfi gave an...

SBC announces strategic partnership with Instituto Brasileiro de Jogo Responsável to promote responsible gambling in Brazil

SBC has announced a new strategic partnership with the Instituto Brasileiro de Jogo Responsável (IBJR) ahead of the SBC Summit...

“Further discussion was needed,” says expert on Cide-Bets

The exclusive study produced by the Instituto Esfera, in partnership with TMC, has raised a red flag for the Brazilian...

Higher Taxation May Favor Illegal Operators, Industry Representative Says

A study cited by André Gelfi indicates that measures proposed in recent bills could benefit illegal operators and hinder the...

Tax on Betting Deposits Could Expand Brazil’s Illegal Gambling Market, Industry Warns

A bill currently under review in the Chamber of Deputies proposes a 15% tax on bettors’ deposits, which could encourage...

Bill to Combat Organized Crime Redirects 15% of Betting Revenue to the Government; Here’s How It Works

The proposal returns to the Chamber of Deputies and sets out how resources would be allocated to fight organized crime;...

Betting Firms Estimate Tax Reform Will Raise Sector’s Burden to 42%

A study commissioned by the Brazilian Institute of Responsible Gaming and conducted by LCA Consultoria projects a 10-percentage-point increase by...

Tax Hike on Bettors Threatens Club Contracts, Betting Firms Say

Signed sponsorship deals include clauses allowing termination in extreme regulatory scenarios, such as excessive tax increases; industry considers legal action.