Tag Archives: Sportsbetting
Brazil – Tax rate too high says head of Rio state lottery
The president of the State Lottery of Rio de Janeiro (Loterj), Hazenclever Lopes Cançado, has criticised the tax rate that has been put forward for sports betting. Via his LinkedIn account, the official analysed the details of the new bill and highlighted the tax rate that will be placed on operators. “The high amount of…
Brazil – Aposta Ganha appoints Hugo Baungartner as VP for global markets
Aposta Ganha, the fastest growing Brazilian sports betting and casino site in Brazil, has appointed Hugo Baungartner as its VP for Global Markets in a move that will spearhead the company’s international expansion. Baungartner’s extensive sports betting and gaming experience will help accelerate Aposta Ganha’s mission of becoming a leading global operator. Aposta Ganha has…
US – IGT extends sports betting contract with Rhode Island Lottery by three years
International Game Technology has signed a three-year contract extension with the Rhode Island Lottery to continue providing its proven sports betting technology. IGT PlaySports, along with its commercial partner William Hill US, powers statewide mobile sports betting via the Sportsbook Rhode Island app and sportsbook locations at Bally’s Twin River Lincoln Casino Resort and Bally’s Tiverton Casino & Hotel….
Brazil – New bill in Rio de Janeiro seeks to attract sports betting investment
Councillor for the city of Rio de Janeiro Pedro Duarte announced that he will put forward a bill similar to a bill approved recently by the governor of São Paulo. If approved the bill will reduce the ISS (Tax on Services of Any Nature) in order to create new jobs and generate more investment opportunities…
Brazil –Â New sports minister rejects esports as sports
Brazil’s new sports minister and former volleyball player Ana Moser has claimed that eSports are not true sports. Moser doubled down saying that that competitions and video games are not unpredictable, but are fully programmable. Moser then controversially stated that eSports would not be part of her remit or her portfolio. “In my opinion, esports is…
Canada – Caesars opens Ontario’s first full-service sportsbook
Caesars has opened Ontario’s first full-service sportsbook at Caesars Windsor, an addition which Brian Masse, a local MP, believes allows the property to compete with those in the US. The sportsbook boasts three betting windows and seven betting kiosks and is located in front of the Legends Sports Bar. There are also betting kiosks outside the Poker Room,…
Brazil – Sergipe latest state to give sports betting the go ahead
Brazil’s smallest state, the state of Sergipe, is the latest to give sports betting the go ahead. The government issued Decree 159 which allows for the running of both a new state lottery and sports betting (including esports) by the private sector. Both will be supervised by the Secretary of Finance. It will be up…
US – BetMGM and SportsGrid announce strategic partnership
BetMGM, a leading sports betting and iGaming operator, and SportsGrid, the nation’s first and only 24-hour sports wagering streaming network, announced today a strategic partnership concentrating on integrating BetMGM content across SportsGrid’s original, live programming. The content will be supported by television and social media advertising. “SportsGrid is making big waves in the streaming world, creating a…
US – Super Bowl to generate $1bn in bets
Bettors could place $1bn in wagers on Super Bowl LVI at legal online and retail sportsbooks across the country, according to projections by PlayUSA, which provides news and analysis of the US gaming industry. If sportsbooks reach those estimates it would roughly double last year’s estimated Super Bowl handle of more than $500m, a product…
