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Tag Archives: Caixa

Brazil – Record year for CAIXA

CAIXA Lotteries announced that it had transferred R$10.9 billion in 2022 in social welfare programs to several high priority areas in the country, such as security, public safety, health, education, sports and culture. The amounts transferred to legal beneficiaries last year reached record levels and reflected a 23% growth in relation to transfers made in 2021,…

Brazil – CAIXA board member loses position in riot investigation

The former Minister of Justice and Public Security, Anderson Torres, has been removed from his post from Caixa’s supervisory board. His removal comes  as a result of an investigation into whether he colluded with the storming of congress, the presidential palace and the top court in Brasilia. The attack on the headquarters of the Three…

Brazil – City Hall approves new lottery bill in Caxias do Sul

The municipal government of the city of Caxias do Sul filed a bill giving city hall the right to offer a large number of new games establishing the Municipal Public Service of Lotteries. In the explanatory memorandum, officials argue that due to the current economic crisis, it was essential to develop new ways to raise funds. The…

Brazil – Head of CAIXA quits amidst sexual misconduct scandal

Pedro Guimarães, the head of Caixa Economica has resigned amidst allegations of sexual harassment.  Guimarães resigned after reports in press began to emerge that he was under investigation by local law enforcement. His has been replaced by Economy Ministry official Daniella Marques, according to Brazil’s official gazette. Via social media Guimarães claimed that he was…

Brazil – IGT and Scientific walk away from Brazil’s instant lottery concession

IGT and Scientific Games have confirmed they are withdrawing from the licence to run Brazil’s national instant lottery concession. Having been jointly selected to run the LOTEX Concession in October 2019, the companies have been unable to strike a deal with CAIXA Econômica, the group behind the largest lottery outlet in Brazil, a deal that…

Brazil – Brazil facing another delay for Lotex sell off

The Brazilian Development Bank (BNDES) has delayed the tender for the instant lottery LOTEX for another month. BNDES via The Federal Official Gazette informed potentially interested parties that they can make requests for clarification up until April 1, while the new deadline for the submission of proposals and other documents necessary to participate in the…

Brazil – Caixa to sell off Brazilian lottery as part of Initial Public Offering

The President of Brazil’s largest state owned bank and lottery operator – the Caixa Econômica Federal (CAIXA) Pedro Guimarães, has announced that he intends to sell all of the assets that are not part of the bank’s main activity. The intention is to sell in principle a minority share of the shares, between 10 per…

Brazil – Online lottery sales platform shows strong results for first month

The newly launched expanded online arm of the Caixa lotteries has shown better than expected results for its first month. According to National Manager of the Caixa Lotteries, Rodrigo Hideki Hori, during the first month the total average purchase stood at R$600 thousand per day and the average ticket spend stood at R$50 which accounts…

Brazil – Caixa Lottery records slight decrease

Betting on lotteries declined slightly according to the largest state owned bank and lottery operator – the Caixa Econômica Federal. Lotteries generated R$731 m (US$176,772,000) in the second quarter of 2018, according to a statement released by the bank. Caixa reported that the figure meant a decrease of 1.7 per cent per cent compared to…