News

In 2023, the market reached R$ 15 billion in revenue — and that number is only expected to grow further.

In an interview with Itatiaia, the IBJR CEO stressed the importance of responsible gaming and better public understanding of the market.

The Ministry of Finance is expected to release new regulations for casinos and betting operators by the end of the month, raising public health concerns.

The Institute calls for more agility in publishing the 11 regulatory ordinances, whose deadline set by the federal government expires in August.

This online game sits in a legal gray area, lacking defined standards on what qualifies as a legitimate game under Brazilian law.

The provisional measure includes an 18% tax on gross gaming revenue, a rate the Institute considers excessive for a still-developing market.

Following recent match-fixing revelations, industry representatives emphasize the urgency of implementing strong and transparent rules.

Market stakeholders anticipate that the Chamber of Deputies will review and vote on the provisional measure during the week of August 14.

Senator Romário organized a public hearing to address increasing reports of match manipulation in Brazilian football.