Tag Archives: Sports Betting
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…
New York’s online sports betting revenues up 21 per cent in 2023
New York’s online sports betting revenue reached $1.76bn in 2023, up 20.6 per cent, with bettors in the Empire State placing $19.64bn of online bets, up 19.8 per cent from last year’s figure. The market was once again led by FanDuel and DraftKings. FanDuel processed $8.10bn in online bets producing revenue of $845.8m whilst DraftKings…
Victorian punters to be better informed under clearer, fairer player activity statements
Victorian betting account holders will now see their true spending and losses under new standards that specify how this information must be displayed on player activity statements. These changes come after the Victorian Gambling and Casino Control Commission (VGCCC) analysed sample activity statements across a number of providers and found inconsistencies in how information was…
Lawmakers could make decision on Lula’s vetoes in April
The President of the Senate, Rodrigo Pacheco, stated that Congress could be able to convene in a joint session to decide on the 28 presidential vetoes pending analysis in April. The list includes President Lula’s vetoes to Law 14,790. The law was sanctioned and published in the Official Gazette of the Union on December 30,…
Controversy as Loterj authorises nationwide online betting platforms
The Rio de Janeiro State Lottery – (Loterj) has authorized four online betting platforms to operate across Brazil, sparking controversy within the Ministry of Finance, which according to newspaper “Folha de S.Paulo” is reportedly considering legal action against the decision. Crucially Rio de Janeiro has not imposed any geographical restrictions on these licensed sites, enabling…
Brazil – Inquiry into match fixing to go ahead
A parliamentary inquiry commission (CPI) into match fixing in Brazilian football has been approved by senators. The President of the Federal Senate, Rodrigo Pacheco, announced the opening of a Parliamentary Commission of Inquiry (CPI) to investigate match-fixing in Brazilian football last week. The CPI of Sports Betting is in response to a request filed by…
Lawmakers take another look at Chile’s proposed online gambling bill
Chile’s online gambling bill was the subject of further debate last week after the Senate’s Economic Commission resumed its analysis of the proposed bill. Specially invited to this session were the General Manager of the Concepción Lottery, Mario Parada; the Regulatory Deputy Director of the Internal Revenue Service (SII), Simón RamÃrez and Director of the…
Brazil – Inquiry gains momentum after Sportradar places Brazil in top spot for suspicious matches
In a speech in the Senate Plenary Senator Romário announced that he will begin collecting signatures to open a parliamentary inquiry commission (CPI) with the aim of investigating the alleged manipulation of football match results in Brazil. According to the senator, the creation of the CPI is necessary in light of the emergence of numerous…
