Brazil’s betting firms cut Série A shirt sponsorships after tax shake-up
Around 80% of Brazil's approximately 70 to 80 authorized operators are estimated to still be operating at a loss.
Read the latest legal and finance news shaping the iGaming industry — from regulatory shifts to investment moves across global markets.
Around 80% of Brazil's approximately 70 to 80 authorized operators are estimated to still be operating at a loss.
Online gambling drives the elevated rating due to its international customer base and high transaction volumes, whilst terrestrial gambling...
Underdog has laid off at least 125 employees, more than 20% of its workforce, as it exits traditional sports...
Stake called the findings "categorically incorrect" and denied rigging odds in favour of sponsored streamers, as the operator faces...
Prediction markets were framed as the company's top growth priority, with plans to own the full exchange infrastructure by...
Full-year 2025 tax revenue reached BRL9.95bn ($1.88bn), with gross gaming revenue reaching BRL37bn ($6.9bn).
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