News

Betting tax burden to reach 42% by 2033, study says

The study was conducted by the consulting firm LCA. For licensed operators, increased tax revenue should come from reducing illegal...

Bill to ban betting ads stirs behind-the-scenes activity in the market

The possibility of a complete ban on advertising is stirring behind-the-scenes activity in the sports betting market. The proposal is...

Betting companies say Public Security amendment protects the betting sector in Brazil

Representatives of online betting companies believe that the Public Security constitutional amendment strengthens and legitimizes the sector in Brazil. The...

The battle between XP, B3, and betting companies for dominance of the “prediction market” in Brazil

Are prediction markets instruments of information or simply “bets in disguise”?

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...