Brazil Police Reportedly Trying to Block Casino Legalization

Brazil Police Reportedly Trying to Block Casino Legalization

The police force is concerned about potential money laundering Brazil’s federal police are actively opposing a bill that aims to legalize land-based casinos, bingo halls, and retail sports betting, raising concerns over potential risks of money laundering. The police force submitted a formal document to the Ministry of Justice and Public Security, highlighting the dangers

Brazil Postpones Further Casino Discussions Until Next Year

The country’s Senate continues to prolong a debate that began years ago The Brazilian Senate has delayed voting on a bill aimed at legalizing casinos and other gambling activities, pushing the discussion to 2025. Known as the Casinos PL (PL 2,234/2022), the proposal seeks to regulate casinos, bingo halls, and horse race betting, but it

Brazilian Series of Poker Millions Championship Now in the Books

Brazilian Series of Poker Millions Championship Now in the Books

Marcos Kenne earned his first title in what proved to be a banner poker tournament The Brazilian Series of Poker (BSOP) Millions Championship has concluded, with Marcos Kenne claiming his first major poker title and a $369,000 payday. The tournament, held in São Paulo, attracted 503 entries and showcased Kenne’s dominance, particularly at the final

Brazil's Supreme Court Enters Gambling Discussion, Bans Some Forms of Advertising

Brazil’s Supreme Court Enters Gambling Discussion, Bans Some Forms of Advertising

Brazil’s upcoming launch of online gambling and sports betting continues to see more restrictions Brazil’s Federal Supreme Court (STF) has fast-tracked measures aimed at addressing the social and financial consequences of gambling. On November 14, the court unanimously approved an emergency injunction from Minister Luiz Fux, implementing stricter regulations, including banning the use of Bolsa

World Poker Federation Taps Leonardo Cavarge as New CEO

World Poker Federation Taps Leonardo Cavarge as New CEO

The Brazilian poker champion and financial expert will help the poker organization expand Leonardo Cavarge has been appointed as the new CEO of the World Poker Federation (WPF), marking a significant step for the organization. The WPF, an entity that unites various companies in the poker industry, aims to promote the sport’s integrity and expand

Brazil Lawmaker Optimistic on Casino Bill

Senator Silvestre is confident Brazil will make progress on legalized casinos before the end of the year Brazilian Senator Irajá Silvestre is expressing optimism about the future of casino legalization in Brazil, sharing that the Senate may vote on a bill later this year to allow casinos in integrated resorts. As rapporteur for the legislation,

Brazil's Gambling Legalization Efforts Hit a Speedbump

Brazil’s Gambling Legalization Efforts Hit a Speedbump

The Rio de Janeiro state lottery has sued the government over its move gambling legalization efforts Brazil’s path toward fully regulated gambling hit an obstacle this week with the filing of a lawsuit aimed at slowing the government’s licensing process. The lawsuit, filed in the 13th Federal Civil Court of the Federal District, demands a

Brazil Once Again Postpones Land-Based Casino Discussion

Brazil Once Again Postpones Land-Based Casino Discussion

Legislators have decided to postpone the discussion due to the country’s political climate Brazil has once again delayed the vote on legalizing land-based casinos, along with other forms of gambling such as jogo de bicho and horse racing betting. The discussion has been postponed before, with an August vote originally expected. After the municipal elections

Brazil Continues To Make Gambling Legalization More Difficult

Brazil Continues To Make Gambling Legalization More Difficult

The government will scrutinize the possibility of iGaming following rumors of organized crime involvement Brazil is making it increasingly difficult to legalize gambling, with new inquiries and scandals raising concerns about the potential risks. A parliamentary commission has been formed to investigate possible links between online gambling and criminal organizations involved in money laundering. This

Brazil Cracking down on Operators Ahead of Legal Gambling Launch

Brazil Cracking down on Operators Ahead of Legal Gambling Launch

The country is giving non-licensed operators until October 1 to shut down or face the consequences Brazil is stepping up efforts to regulate its expanding betting market by targeting operators without proper authorization. Starting October 1, betting companies that haven’t applied for a license will be forced to suspend their operations. This move is part

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