by Hasan Nabulsi | Dec 17, 2020 10:07 am | Sports Betting
FanDuel’s partnership with The Cage Companies will allow FanDuel to offer sports betting at CAGE gambling terminals where CAGE is licensed and sports betting is legal. FanDuel will be accessible to 24% of the US population in 2021 after they launch in Virginia and...
by Giovanni Shorter | Dec 3, 2020 12:47 pm | Sports Betting
Betcris officially launches in Brazil and other Latin American sports betting markets. Betcris believes Brazil will be a major market for legal sports betting. Both pregame and live in-game wagering will be available. BRASILIA, Brazil – Sports bettors in Brazil and...
by Giovanni Shorter | Oct 5, 2020 12:26 pm | Regulatory
Brazil President Jair Bolsonaro has signed into law to privatize the legal sports betting market which has led to conflict. Senator Jaques Wagner has submitted a request to the Ministry of Economy to justify privatized sports betting. Many officials opposed the...
by Giovanni Shorter | Aug 20, 2020 11:15 am | Regulatory
Brazil president Jair Bolsonaro signs Decree No. 10,467 which brings regulated sports betting to the countries legislation. Per the decree, the National Bank for Economic and Social Development (BNDES) and the Ministry of Economy are responsible for sports betting in...
by Carter Floyd | Jun 23, 2020 10:00 am | Regulatory
Brazilian President Jair Bolsonaro is set to grant final approval on a plan to transfer control of the sports betting industry from the public sector to private operators. This plan is likely a result of Brazil’s need to cut government spending in the wake of the...
