by Christina Monroe | May 13, 2020 11:50 am | Regulatory
Marcelo Crivella has shut down all betting operations at retail providers due to the Coronavirus pandemic. All lottery tickets and sports betting in Brazil must occur with online outlets. RIO DE JANEIRO, Brazil – Mayor Marcelo Crivella announced his ban on...
by Daniel Borjas | Apr 9, 2020 10:48 am | Regulatory
The coronavirus pandemic has caused a delay in sports betting regulations being passed. Sports betting has the potential to earn $3.7 billion a year in taxable revenue for Brazil. BRASILIA, Brazil – Due to the ongoing COVID-19 (coronavirus) pandemic, sports betting...
by Christina Monroe | Mar 23, 2020 12:15 pm | Sports Betting
Canada has announced that they will not be participating in the 2020 Summer Olympic Games in Tokyo due to the Coronavirus pandemic. Other countries have expressed their concerns about the Games but Canada is the first one to bow out of the competition unless it is...
by Daniel Borjas | Feb 18, 2020 12:04 pm | Regulatory
Brazil sports betting should be arriving sometime in 2020. Disagreements about the number of licenses and legalities could delay Brazil sports betting launch. The Brazil sports betting industry is estimated to be worth $1.6 billion. BRASILIA, Brazil – Sports betting...
by Hasan Nabulsi | Dec 26, 2019 5:16 pm | Regulatory
Brazil seems increasingly likely to have an open gambling market by 2020. President Bolsonaro has been inconsistent on the topic, but legalization has proceeded apace. Sportnco CEO Hervé Schlosser expects sports betting to be operational by the second half of 2020....
