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Tag Archives: higlighted post

Brazil – Leading sports betting operators create the Brazilian Institute of Responsible Gaming

The Brazilian Institute of Responsible Gaming (IBJR) has been established to unite some of the leading global brands in the sports betting sector, which are joining forces in Brazil to contribute to the discussion and development of the national gambling market. Sports betting, technically called fixed odds betting, should be regulated by the Federal Government…

US – Brookfield Business Partners buys Scientific Game’s lottery business for $6.05bn

Scientific Games will sell its lottery business to Brookfield Business Partners together with its institutional partners for total consideration of $6.05bn consisting of $5.825bn in cash and an earn-out of up to $225m based on the achievement of certain EBITDA targets in 2022 and 2023. The transaction is expected to close in the second quarter of 2022, subject to applicable regulatory…