Tag Archives: Brazil
Brazil’s Ministry of Finance announces new rules for payment methods and payments
The Ministry of Finance’s Secretariat of Prizes and Betting (SPA) published Regulatory Ordinance SPA/MF No. 615 on April 18, 2024, outlining the general rules to be followed in payment transactions carried out by fixed-odds betting operators. The ordinance is part of a set of regulations aimed at regulating the activities of fixed-odds betting operators in…
Ministry of Finance calls for coordination over state sports betting regulations in Brazil
During the 192nd Ordinary Meeting of the National Council of Fiscal Policy (Confaz), held in Fortaleza, Ceará, Dario Durigan, Executive Secretary of the Ministry of Finance, proposed the creation of a new Working Group within the council to discuss state regulations for sports betting. According to a Confaz press release: “Coordination among the federal entities…
Brazil – Loterj to grant more licenses amidst growing controversy
The State Lottery of Rio de Janeiro (Loterj) has opened a new deadline for betting companies to participate in a new bidding process to obtain a license in the state of Rio de Janeiro. Sports betting houses that wish to operate regularly in the territory of the state have 30 days, starting from April 12,…
Brazil – Senate Committee to discuss gambling expansion bill
The Senate’s Constitution and Justice Committee (CCJ) has a scheduled meeting for this Wednesday (17). The agenda includes 20 items, including a bill that could lead to the reintroduction of casinos in Brazil (PL 2234/2022) if approved. The draft of the law, which aims to allow for large scale casinos and other types of gambling,…
ANJL launches campaign to overturn veto on online gambling bill
The National Association of Games and Lotteries (ANJL) has launched a campaign to convince congressmen, senators, and the federal government to overturn a partial veto by President Luiz Inácio Lula da Silva to the sports betting bill that changed the taxation of bettors’ winnings. ANJL has defended the resumption of the original text of the proposal…
Brazil’s Ministry of Finance unveils regulatory policy and agenda for online gambling sector
The recently established gaming board Secretaria de Prêmios e Apostas no Ministério da Fazenda (SPA) has published an ordinance outlining the steps it will take over the coming months in order to establish the framework for regulating online gambling. The agenda is divided into phases to address key topics. Published in the Official Gazette, the…
Senate match fixing inquiry begins in Brazil
The Parliamentary Inquiry Commission (CPI) on Sports Betting (CPiae) has been established. Senator Romário was chosen as the rapporteur. The presidency and vice-presidency were taken by Senators Jorge Kajuru and Eduardo Girão respectively. At the first meeting, the members made it clear that the objective of the commission is to “get to the bottom of…
Brazil – Rio de Janeiro lottery dispute could end up in Supreme Court
On Friday (5th April) the Rio de Janeiro Lottery (Loterj) decided not to respond to a request from the Ministry of Finance regarding the issue of offering sports betting outside of state borders. According to local press the issue could as a result end up in Brazil’s Supreme Court (STF). Loterj has authorized four online betting…
Brazil – Public Ministry of Rio Grande do Norte launches match fixing probe
The Public Ministry of Rio Grande do Norte (MPRN) has launched a match fixing probe called “Own Goal.” Search and seizure warrants were executed in the municipalities of Ceará-Mirim and Rio Branco. At least six people are suspected of being involved so far. The Public Ministry stated that the match-fixing scheme occurred in championships organized…
