President Luiz Inácio Lula da Silva said this Thursday (17) that if the regulation of sports betting companies does not produce the expected results, the government may ban these services in Brazil. “We will see if the regulation is enough. If the regulation is enough, the problem is solved. If it is not enough, I...
Tag: online
Post
Post
Retail, online betting, gaming growth drive Massachusetts revenue rise
Total taxable gaming revenue in Massachusetts, US, rose 18 per cent year-on-year in September to US$165.6m. Up from $140.2m in September 2023, the latest figure released by the Massachusetts Gaming Commission showed a 21.8 per cent rise month-on-month from August’s $136.6m. Total sports betting revenue in the Bay State in September hit $73.5m, up 47.5...
Post
New FeedConstruct platform connects betting operators with video content
FeedConstruct has unveiled a new platform for sports betting operators to access video content from rightsholders and other key stakeholders. The Friendship platform allows sports federations, leagues, clubs and other content rightsholders to distribute their video content to a network of brands. The platform offers content and stream management alongside tracking mechanisms. It integrates video...
Post
Illegal market concerns raised as Dutch land-based gambling recovers
The Dutch gambling regulator says the land-based market is “almost back” to pre-pandemic levels in its latest report, from which fresh concerns about the illegal online market were raised. The total gross gaming revenue in the Netherlands in 2023 was €4bn, growing 21.2 per cent year-on-year from €3.3bn in 2022. Land-based casino games and table...
Post
The message the audience needs to understand about betting – Games Magazine Brasil
The regulation of betting is changing the gaming landscape in Brazil. More than ever, we see the importance of conveying the idea of security to our customers, as well as responsible gaming practices. This is because it is essential that both operators and bettors understand that betting activities can and should be carried out ethically...
Post
Betfair holds webinar for Brazilian journalists about betting on the US election race – Games Magazine Brasil
How to read the odds to understand the current US election scenario? What is the story behind each number and each market on the platform? These questions were clarified by Betfair, the world leader in online betting, in an exclusive webinar for Brazilian journalists this Wednesday (9), where it presented how the odds and betting markets...
Post
Senate launches a parliamentary inquiry on ‘Bets’ and their influence on family budgets – Games Magazine Brasil
According to the request, the CPI will also investigate the possible association of online betting companies “with criminal organizations involved in money laundering practices, as well as the use of digital influencers in the promotion and dissemination of these activities.” The author, Senator Soraya Thronicke, said that the objective of the CPI is to analyze...
Post
SBC Summit Latinoamérica: Innovating the industry with spotlight on Emerging Markets & Technology – Games Magazine Brasil
The agenda will kick off with the “Driving Brand Success with AI: High-Speed Partnerships that Move the Needle” keynote panel where the intersection of motorsports, AI, and strategic brand collaborations takes center stage. The panel will feature racing star Tatiana Calderon, AI visionary Alvaro Melendez (CEO and Co-founder, Crant AI), and product strategy specialist Lina Silva (CEO, WANDR Studio). Together, they will...
Post
Brazil parliamentary inquiry into betting industry triggered in Senate
The support of thirty Brazilian senators has triggered the launch a parliamentary inquiry (CPI) into the influence of online gaming on the budget of families. As reported by Agência Senado, the CPI will analyse potential money laundering and the role of Brazilian influencers on the betting industry. Eleven full members and seven alternates will make...
Post
Retail and Betting: two sides of the same coin in financial and mental health – Games Magazine Brasil
Betting and Retail, although operating in different contexts, share common characteristics that can have negative side effects for the population, both in terms of mental and financial health. Society often associates betting with risks of addiction and economic harm, but it frequently overlooks the fact that the retail sector can provoke similar problems. Thus, it...
Post
All companies associated with Lotema are authorized by Finance to operate sports betting – Games Magazine Brasil
The documents list all companies that operate with sports betting, known as ‘Bets’ in Brazil, authorized to continue operating, at the state and national levels. On the national list, 93 companies with 205 bets have been authorized. On the state list, 18 companies have been authorized. Among the four companies authorized by Lotema, Embralote, whose...
Post
Sportradar odds feed powers nVenue betting expansion
Micro-betting and live betting provider nVenue will broaden the reach of its offerings in the US and international markets by collaborating with Sportradar. Sportradar’s Unified Odds Feed will add nVenue’s markets, which are powered by machine learning and artificial intelligence. The markets will be delivered directly through Sportradar’s feed for US sports. Competitions such as...