Congress approved the legalization of sports betting in Brazil
⏱ 1 min read
(Brazil).- The Chamber of Deputies approved last Tuesday (November 20th) the Provisional Measure (PM) 846/18, which creates a new lottery by fixed quota that regulates online and land based sports betting and redistributes funds from the federal lotteries to the National Public Security Fund (FNSP).
The Ministry of Finances will have a period of two years, extendable for two more, to establishes the regulations for concession to the operators of this gaming vertical that has an estimated value of R$ 4.3 billion (US$ 1.15 billion) in Brazil.
The PM 846/18 replaces the PM 841/18 and now it is expected to be voted on the Senate by November 28th. (Source: Games Magazine Brasil).
From December 3rd to 4th, at the Pacaembu Football Stadium, in São Paulo, the Online Gaming Summit - OGS Brazil - will gather operators, suppliers, regulators and authorities to discuss the currently scenario and a future regulation of the sector of Online Gaming and Sports Betting in Brazil. Check the complete agenda and learn more about on how to attend: www.ogsbrazil.com.br
Categoría:Legislation
Tags: Sports Betting, Sportsbook ,
País: Brazil
Event
BiS SiGMA South America 2026
06 de April 2026
Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities
(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.
Thursday 07 May 2026 / 12:00
Air Dice Strengthens LATAM Presence with BiS SiGMA São Paulo Trade Show
(São Paulo, SoloAzar Exclusive).- Erkki Nikunen, Partner & CBDO at Air Dice, discussed the company’s participation at BiS SiGMA São Paulo. In this exclusive conversation with SoloAzar, he shares insights on their experience as exhibitors, business opportunities generated, and the company’s vision for Brazil and the wider Latin American market.
Wednesday 06 May 2026 / 12:00
R. Franco Digital Sees Brazil as Key Pillar for LATAM Expansion at BiS SiGMA South America
(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, R. Franco Digital highlighted Brazil’s vast growth potential and the importance of localized, innovative slot content for Latin American audiences. In this Q&A, Thiago Calmon, International Key Account Manager, reported high-quality meetings, new operator discussions, and reinforced partnerships—underscoring its long-term commitment to the region.
Wednesday 06 May 2026 / 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.
