7777 Gaming Accelerates Layout in Latin America: Partners with B4 to Enter Peruvian and Brazilian Markets

7777 Gaming announced a partnership with the well-known operator B4 in Latin America, officially entering the Peruvian and Brazilian markets. Several of their games are now live on B4's platforms bet4.pe and bet4.bet.br, further expanding their layout in South America.This collaboration brings a ser

GGR tax rate surges by 50%! How do Brazilian gambling operators cope with the 18% survival challenge?

Brazilian police crack down on illegal gambling syndicates, seizing $5.4 million in assets and targeting the "Tiger Casino" network.

Brazilian police recently launched a large-scale law enforcement operation in the south, successfully dismantling an illegal gambling network and seizing assets worth about 30 million Brazilian Reais (approximately 5.4 million US dollars).This operation, named "Red Card Action", focused on the coast

Will the Brazilian gambling market become an oligopoly? M&A experts predict a sudden increase in survival pressure for small operators, with possibly only 10 remaining in the future.

Mergers and acquisitions expert Christian Tirabassi recently pointed out that the Brazilian gambling market is rapidly moving towards centralization, and in the future, only 10 to 12 dominant operators may control the situation, while small and medium-sized operators will be gradually marginalized d

Brazil cracks down on gambling advertisements! Rio government names 300 influencers and companies for immediate rectification.

The government of Rio de Janeiro has recently cracked down on online gambling promotions, targeting influencers and related companies. The Consumer Protection Agency of Rio de Janeiro State (Procon-RJ), in collaboration with various regulatory bodies, has officially issued notices to over 300 indivi

Brazilian Gambling Association sues supermarket alliance, counters "false advertising" controversy video

Amid a highly sensitive period for the regulation of the gambling industry in Brazil, a fierce dispute has erupted between the National Association of Gambling and Lotteries (ANJL) and the Brazilian Supermarket Association (ABRAS). Recently, ANJL has officially sued ABRAS, demanding clarification on

The Brazilian Senate may vote on the physical gambling bill before the July recess, with significant public support but strong opposition from evangelicals.

The Brazilian Senate is expected to vote on the legalization of physical gambling before the July recess. The bill has been designated as urgent, and although the specific voting time has not yet been determined, arrangements are being accelerated.According to Brazilian media "Metrópoles", Senate Pr

Brazilian senators rally against casino legalization: Concerns over fostering money laundering and crime

Recently, the Brazilian Senate has been facing a wave of opposition, with some senators strongly opposing the bill to legalize physical casinos, arguing that this move would open the door to money laundering and organized crime. Among them, Senator Eduardo Girão has been outspoken, warning that the

"Red Card Operation" Shocks Brazil: Police Dismantle Illegal Gambling Network Involved in "Jogo do Bicho", Seizing $5.4 Million in Assets

In the southern part of Brazil, the police recently launched a large-scale raid operation, codenamed "Red Card Operation", successfully seizing about 30 million reais (approximately 5.4 million US dollars) in assets from illegal gambling syndicates, including real estate, luxury cars, and financial

Google Opens Brazilian Betting Market: Google Play Store Officially Lists Licensed Gambling Apps

Google has officially announced that it will allow licensed gambling companies to list their official gambling and casino apps on the Play Store in Brazil and to conduct local advertising campaigns. This move signifies Google's full integration with the regulated gambling market in Brazil, opening u

Zimpler obtains certification from the Central Bank of Brazil, creating a localized seamless payment new engine.

Sweden's leading bank payment technology company Zimpler has officially been approved as a certified payment institution (PI) by the Central Bank of Brazil. This new status not only consolidates its market strategy in the country but also injects new momentum into Brazil's open financial ecosystem w

Brazil's SPA reinstates licenses for five gaming companies, sparking industry controversy over regulatory fairness.

After submitting the required technical assessment reports, the Brazilian Prize and Betting Secretariat (SPA) has reinstated the licenses of five betting companies, lifting the suspension previously imposed due to missing technical documents. This suspension was first announced last week, initially

As the advertising ban approaches, how can the Brazilian gambling industry avoid "cutting off its own arms"?

With the approval of Bill No. 2985/2023 in the Senate, Brazilian gambling advertising is facing stricter regulation. Although the initial proposal for a complete ban on gambling advertising was removed, the existing bill still prohibits gambling advertisements during live sports events and restricts

After the European market is saturated: Why are smart operators turning the tables with the "African price war"?

Due to time constraints, the Brazilian Senate Online Gambling Investigation Committee has requested an extension to investigate regulatory violations in the gambling industry.

Brazilian Senator Soraya Thronicke, as the head of the investigation into violations in the online gambling industry, is actively seeking more time to complete the collection of testimonies and the writing of the final report. Due to the tight schedule, committee members are seeking to extend the in

Clubs unite in protest! Brazil's newly opened gambling market faces an advertising ban?