betting market
BiS Brasília brings together experts and authorities to discuss the future of Brazil’s betting market
The event takes place on June 2–3 at the Royal Tulip Brasília Alvorada, featuring discussions on regulation, international cooperation, and the profile of Brazilian bettors.
The second edition of BiS Brasília has officially been confirmed and is expected to bring together major names from the sports betting, iGaming, and regulatory sectors in Brazil.
The event will be held on June 2 and 3 at the Royal Tulip Brasília Alvorada, with a program focused on strategic debates, networking, and discussions about the future of Brazil’s regulated market.
With an emphasis on innovation, responsibility, and the sustainable development of the industry, the event will bring together national and international experts to discuss the challenges and opportunities facing the sector at a decisive moment for the Brazilian betting market.
Among the confirmed panels is “International Cooperation and Strategic Bridges for a Regulated, Solid, and Responsible Sector in Brazil,” featuring John Aquilina.
The discussion will focus on the importance of international collaboration and the development of strategic relationships to strengthen a safe, transparent, and responsible regulatory environment in the country.
Another highlight of the program will be the panel “The Profile of the Brazilian Bettor,” presented by Thiago Iusim. The session will analyze consumer behavior, trends in the domestic market, and challenges related to user protection and responsible gaming.
The organizers aim to consolidate Brasília as one of the country’s main hubs for discussions surrounding regulation, technology, and business opportunities connected to sports betting and digital entertainment in Brazil.
“BiS Brasília was created to strengthen dialogue among companies, specialists, authorities, and international representatives, promoting essential discussions for the development of a more mature, transparent, and sustainable industry,” said Cardama, co-founder of BiS Brasília.
Those interested in attending the event can purchase tickets through the official portal.
Now in its second edition, BiS Brasília is an event dedicated to the iGaming and betting ecosystem, promoting dialogue between the private sector, public authorities, and society regarding the development of Brazil’s regulated gaming, casino, and lottery market.
The event brings together business leaders, authorities, and specialists to discuss strategic topics such as Brazilian regulation, taxation, integrity, innovation, responsible gaming, compliance, AML/anti-money laundering measures, licensing, sports integrity, government relations, and advertising and CONAR guidelines.
SiGMA World’s BiS SiGMA South America is part of the event portfolio of the SiGMA Group, one of the leading global B2B event and business platforms focused on the gaming and betting industry.
The post BiS Brasília brings together experts and authorities to discuss the future of Brazil’s betting market appeared first on Americas iGaming & Sports Betting News.
2026 sports betting
For Sportradar, the 2026 World Cup is set to reshape acquisition and engagement in sports betting
With expectations of generating approximately US$ 50 billion in bets worldwide, the 2026 World Cup is already seen by the industry as the largest commercial event in the recent history of sports betting.
In an expanded tournament with 48 teams, 104 matches and a duration of 39 days across three different countries, Latin American operators are preparing to compete for attention, retention and conversion in an increasingly competitive environment driven by real-time data.
More than media volume or massive campaigns, experts point out that the competitive differentiator in the next World Cup will be the ability for personalization, automation and dynamic activation during the micro moments of the match.
Technologies based on artificial intelligence, live data and micro betting are already transforming the way operators approach acquisition and engagement in major international tournaments.
At the same time, regulatory advancement in Latin America and the maturation of bettor behavior are increasing pressure for more efficient, contextual campaigns aligned with local compliance requirements.
In this interview, Sportradar, represented by Rodrigo Cambiaghi, Senior Digital Advertising Sales Executive for Latin America, analyzes how operators can prepare for the 2026 World Cup, which strategies performed best in the Euro Cup and Copa América, the impact of real-time personalization and the challenges of executing regional campaigns in a fragmented regulatory landscape.
The estimated global betting volume for the 2026 World Cup is US$ 50 billion. What does this number represent in terms of real opportunity for Latin American operators, and what are the main risks for those who do not prepare?
Sportradar – The estimated US$ 50 billion betting volume during the 2026 World Cup shows the scale of the opportunity the tournament represents for Latin American operators.
We are talking about the largest attention and engagement event in the industry, in an edition that will feature 48 teams and 104 matches, creating more moments of connection with fans and more acquisition opportunities over 39 days of competition.
But the competitive differentiator will not lie solely in the size of media investment. The most prepared operators will be those capable of using data, technology and personalization to activate real-time campaigns aligned with the emotional context of the match.
Today, consumers expect more relevant experiences connected to what is happening on the field at that exact moment, whether it is a goal, a comeback or an outstanding individual performance.
At the same time, there is a significant risk for those who fail to prepare properly. Generic campaigns, relying only on bonuses or media volume, tend to lose efficiency in an extremely competitive environment.
Without robust real-time data infrastructure and continuous optimization capabilities, it becomes much more difficult to capture moments of highest betting intent and transform increased tournament traffic into sustainable long-term growth.
In the end, the 2026 World Cup should consolidate an important shift in the industry, where scale remains relevant, but technology, personalization and real-time execution become the true competitive differentiators.
You mention a “generalized sameness” in the market. What did the most successful operators at Euro 2024 and Copa América do differently in terms of advertising technology?
What we saw in Euro 2024 and Copa América was an important shift in approach.
The most successful operators moved away from broad and generic campaigns to adopt strategies much more driven by data, context and real-time fan behavior.
Instead of treating every minute of a match the same way, they began activating campaigns at moments of highest emotion and betting intent.
Advertising technology played a central role in this. Campaigns started using live data, automation and artificial intelligence to adjust messages, offers and creatives according to what was happening on the field.
A goal, a period of attacking pressure, an outstanding individual performance or even changes in match dynamics became triggers for dynamic campaign activation across multiple channels, including social, video, audio and programmatic.
The result was much more relevant and efficient communication. During Euro 2024 and Copa América, operators that combined branding, performance and moment-driven campaigns saw significant growth in deposits and a reduction in CPA, even in a highly competitive environment.
How do dynamic creative ads triggered by match moments actually work in practice — a goal, a corner, a shift in pace? Can you give a concrete example of a campaign?
Today, dynamic creative ads operate in a way that is closely connected to the logic of micro betting, which is precisely betting on fast and specific events within the match.
Instead of waiting for the final result of the game, fans interact with micro moments in real time, such as the next corner, the next shot on goal or whether a specific player will hit the target in the next play.
In practice, the technology monitors live match data and identifies moments of increased intensity or betting intent.
If a team starts applying heavy pressure, for example, the system can automatically activate campaigns related to the next corner, next shot on goal or other relevant offensive actions.
All of this happens within seconds, with personalized creatives being distributed across digital channels while the emotion of the play is still unfolding.
This model makes the experience much more contextual and relevant for the user. Instead of generic campaigns, fans receive messages aligned with the exact moment of the game and their own consumer behavior. It is precisely this combination of real-time data, automation and micro betting that is reshaping how operators approach acquisition and engagement during major sporting events.
The concept of “always on” is central to your approach. How do operators maintain relevance in the minutes between goals, when betting intent still exists but the peak moment has passed?
The “always on” concept is based on the understanding that fan engagement does not disappear between major match events.
Even when the game enters a period without goals, attention still exists in live statistics, anticipation of the next play, individual player performance and social media conversations. It is precisely in this interval that the most prepared operators are able to maintain relevance using real-time data and personalization.
In practice, this means activating campaigns and betting suggestions aligned with the current context of the game. If a team is applying more pressure, for example, users may receive offers related to the next corner, next shot on goal or other micro betting markets.
The focus shifts away from only the major event, such as a goal, and expands to include the entire dynamics of the match.
The key difference lies in the ability to transform live data into more relevant and continuous experiences. With automation, AI and behavior-driven campaigns, operators are able to keep users engaged throughout the entire match journey, not only during peak emotional moments.
The 2026 World Cup lasts 39 days and takes place across three countries. How should an operator structure its marketing budget to be agile enough to capitalize on unexpected outcomes without losing brand consistency?
In a tournament like the 2026 World Cup, flexibility becomes just as important as budget size. The most efficient operators do not work with a rigid plan from start to finish.
They structure campaigns capable of redistributing investment in real time, based on performance, audience behavior and narratives that emerge throughout the tournament.
This is especially important in a World Cup with 104 matches, multiple time zones and different markets involved.
Unexpected stories always emerge, such as surprise teams, viral players or matches that generate much higher-than-expected spikes. Prepared operators are able to react quickly to these moments, increasing presence in channels and campaigns that are performing best in that specific context.
At the same time, brand consistency remains fundamental. A common mistake is concentrating almost all investment solely on acquisition and immediate performance.
The strongest brands are able to balance awareness, acquisition and retention throughout the 39 days of competition, maintaining a clear identity while adjusting messaging, formats and campaign intensity as fan behavior evolves during the tournament.
What are the main differences between Latin American markets in terms of bettor behavior during major tournaments, and how does this affect campaign strategy?
Although football is a shared cultural element across Latin America, the region’s markets present very different levels of maturity, regulation and digital behavior.
In more mature markets, users already hold multiple accounts and have greater familiarity with live betting, making personalization, retention and user experience key factors. In newer markets, there is still a very strong focus on acquisition and awareness building.
We also see important differences in emotional fan behavior. During major tournaments, engagement tends to grow strongly as local teams progress in the competition.
This makes highly localized campaigns much more impactful than generic regional strategies. User behavior changes rapidly according to narrative, team performance and social media momentum at that moment.
For this reason, campaign strategy must be flexible and driven by real-time data. There is no single approach for the entire region.
The most efficient operators are able to adapt creatives, messaging, channels and even investment intensity based on the specific behavior of each market, maintaining cultural relevance and higher acquisition and retention efficiency.
The regulatory landscape in Latin America is fragmented. How can operators working across multiple markets run efficient campaigns without compromising local compliance?
Regulatory fragmentation is one of the main challenges in the industry today in Latin America, especially for operators working across multiple markets at the same time.
Each country has different rules regarding advertising, targeting, permitted channels and responsible communication, which requires campaigns to be much more adaptable and compliance-driven from the very beginning of planning.
In this scenario, technology and automation play a fundamental role. The most prepared operators work with platforms capable of applying market-specific restrictions in real time, adjusting targeting, formats, frequency and messaging according to local regulation. This allows operational efficiency without compromising compliance or regulatory safety.
At the same time, it is important to find a balance between standardization and local relevance. Regional strategy can be centralized in terms of brand, technology and data intelligence, but activation must respect the cultural and regulatory context of each country.
The most efficient campaigns today are precisely those that manage to combine regional scale with highly localized execution.
The post For Sportradar, the 2026 World Cup is set to reshape acquisition and engagement in sports betting appeared first on Americas iGaming & Sports Betting News.
ANJL
Brazil’s betting evolution: regulation, politics, and compliance
The Brazilian betting market is navigating its most complex transition period since the initial legalization of fixed-odds betting.
This week, the industry witnessed a confluence of judicial victories, institutional consolidation, and a sharp escalation in political friction that threatens to polarize the upcoming 2026 electoral cycle.
As the Ministry of Finance’s Secretariat of Prizes and Betting (SPA-MF) moves to finalize the technical architecture of the market, including rigorous certification standards and anti-money laundering protocols, the sector finds itself at the heart of a national debate regarding social responsibility, financial integrity, and the limits of state intervention.

ANJL secures Apple Store access for licensed operators
A significant barrier to entry for the regulated digital market in Brazil has been dismantled following strategic judicial pressure from the National Association of Games and Lotteries (ANJL).
For months, authorized operators faced inconsistent hurdles when trying to list their applications on Apple’s App Store, often finding themselves competing at a disadvantage against illegal offshore platforms that bypassed official channels.
The ANJL’s decision to take the matter to court served as a catalyst for a change in policy.
The association argued that restricting authorized operators from official digital distribution channels was counterproductive to the very goals of the Brazilian regulation.
By allowing licensed apps, the industry provides a safe and transparent environment for consumers, making it easier for the public to identify legitimate platforms that adhere to federal laws.
While the initial request for an emergency injunction was not granted in full, the judicial recognition of Brazil’s regulatory framework forced a realignment in Apple’s local operations.
The court acknowledged that Apple’s global internal guidelines already permit gambling and lottery applications in jurisdictions where they are legal and regulated.
This move is seen as a major victory for market canalization, as official app stores offer superior security features, age verification tools, and monitoring capabilities that are absent in the “grey market” or through direct APK downloads.
For the ANJL, this is a fundamental step in protecting the consumer and ensuring that the high costs of compliance for authorized players are met with fair access to the digital ecosystem.
SINAPO and the push for national regulatory harmony
In Brasilia, the federal government took a decisive step toward unifying the fragmented regulatory landscape through the first ordinary meeting of the Forum of the National Betting System (SINAPO).
Led by the Secretariat of Prizes and Betting (SPA-MF), the meeting included representatives from 15 states and the Federal District, highlighting the complexity of managing a continental-sized market where state and federal powers often overlap.
The central theme of the forum was the need for technical and normative harmony.
Brazil is currently seeing a “regulatory race” where different states are implementing their own lottery and betting models, sometimes with varying degrees of rigor.
SINAPO aims to ensure that these state initiatives do not become safe havens for irregular operations or create legal uncertainty for operators looking to work nationwide.
The federal government presented its progress since the start of 2024, emphasizing that transparency and the protection of the bettor must be the common denominator across all jurisdictions.
Technological integration via the SIGAP system
A breakthrough in the discussions was the proposed adoption of the SIGAP system (Management System for Prizes and Betting) by state lotteries.
Developed by SERPRO, this federal system is designed to provide real-time monitoring of all transactions, player behavior, and tax obligations.
During the forum, a consensus emerged that states with less technological infrastructure could benefit from using the federal system, either in its entirety or as a reference for their own customization.
The federal government expressed its willingness to share source codes and provide technical training to state regulators.
This move toward a “shared technology stack” is crucial for effective enforcement.
If state lotteries and the federal regulator operate on compatible systems, it becomes significantly harder for illegal operators to exploit loopholes or for licensed companies to commit errors in their tax and social responsibility reporting.
The goal is to establish a unified database of authorized sites, preventing the accidental blocking of legal operations while sharpening the tools used to identify clandestine ones.
The offensive against the illegal market: 41,000 sites blocked
The fight against the illegal market has reached an unprecedented scale.
The SPA-MF, in partnership with Anatel, established a specialized laboratory that uses automated tools to scan the web for unauthorized gambling sites.
To date, over 41,000 illegal sites have been identified and subjected to blocking orders.
These tools are capable of capturing evidence from encrypted channels like Telegram and popular social media platforms like Instagram, where much of the illegal promotion occurs.
The laboratory’s automation allows for the rapid distribution of block lists to internet service providers (ISPs).
However, the government acknowledges that illegal operators are highly resilient, often launching new mirror domains (such as 93d.com followed by 94d.com) as soon as a block is implemented.
To counter this, the government is moving toward a systemic, real-time scanning model supported by industry associations, which are helping to fund the technological costs of these enforcement solutions.
The strategy is to increase the operational cost for illegal actors to a point where the Brazilian market is no longer profitable for them.
The Anti-Faction Law and financial surveillance
Perhaps the most significant regulatory development in 2026 is the implementation of the so-called “Anti-Faction Law” (Law 15.328/2026). This legislation has fundamentally changed the risk landscape for financial institutions and payment providers operating in the betting space.
The law was designed to prevent the gambling industry from being used as a vehicle for organized crime and money laundering, providing authorities with the power to order the immediate freeze of funds in accounts linked to unauthorized betting operations.
The Secretariat of Prizes and Betting is currently revising its existing ordinances to align them with this new legal power.
A critical deadline is May 25, 2026, by which the Central Bank of Brazil must publish the specific norms that will dictate how banks and fintechs must execute these blocks.
The expectation is that this will fill current operational gaps where “straw man” companies or shell entities are used to move illegal funds even after an initial intervention.
PIX under scrutiny and joint tax liability
The PIX instant payment system, which has become the dominant method for betting transactions in Brazil, is under intense surveillance.
Authorities have identified a core group of approximately 30 to 40 financial institutions out of the 950 participating in the system that are frequently involved in facilitating payments for illegal sites.
These institutions have been criticized for failing to report suspicious activities to COAF (Council for Control of Financial Activities) and for allowing the rapid reopening of accounts under different corporate names.
Under Complementary Law 224/2025, the government has introduced the concept of joint tax liability.
This means that if a payment provider is officially notified of a site’s illegality but continues to process its transactions, the provider becomes legally responsible for the taxes and fines owed by the operator.
This measure is intended to force a “self-policing” culture within the fintech sector, as the financial risk of ignoring government block lists now outweighs the processing fees earned from illegal volume.

Political polarization: the Boulos prohibitionist stance
While the Ministry of Finance works on technical regulation, a significant political rift has opened within the federal government.
Minister of the General Secretariat of the Presidency of the Lula government, Guilherme Boulos, a key figure in the administration’s political wing, has come out strongly in favor of a total ban on betting in Brazil.
Boulos argues that the industry is responsible for a massive transfer of wealth from low-income families to offshore corporations and that it has become a primary tool for money laundering and the financing of anti-government misinformation.
Boulos’s rhetoric suggests that the 2024 regulation has failed to address the social harms of gambling.
He has called for the “end of the betting spree,” claiming that platforms are “eating” the free time of workers and destroying family budgets.
This position contrasts sharply with the efforts of the Ministry of Finance, led by Fernando Haddad, who has consistently argued that prohibition only drives the activity underground, where no taxes are paid and no consumer protections exist.
This internal government division is increasingly influenced by election-year polling. With the 2026 presidential race on the horizon, the “demonization” of bets has become a convenient political narrative for those looking to appeal to conservative or lower-income voters concerned about household debt.
The leader of the government in the House, Paulo Pimenta, recently introduced a bill to ban online casinos entirely, further signaling that the administration may be moving toward more restrictive policies despite the ongoing regulatory work.

Market maturation and the Flutter perspective
The economic impact of these regulatory and political shifts was a central topic at the São Paulo Innovation Week. Industry experts debated the future of the market under the theme of whether the “betting bubble” is finally bursting.
Marcelo Damato, a former SPA advisor, highlighted the dangerous cycle of hyper-inflated sponsorships in Brazilian football.
He noted that the sudden surge in betting brand spending drove up club costs to unsustainable levels, and now that the market is consolidating, many clubs are facing “exploding debts” as sponsorship deals are canceled or renegotiated.
Alvaro Garcia, CMO of Flutter Brazil, provided a more optimistic yet realistic view. Garcia argued that the market is currently undergoing a “normalization” process.
According to Garcia, the initial acquisition phase, characterized by irrational spending and a lack of focus on long-term sustainability, is coming to an end.
He believes that the industry will eventually become a respected part of the sports ecosystem, provided that operators shift their focus toward rational investment and entertainment-based marketing.
Garcia also addressed the ongoing debate over advertising restrictions.
He argued that the best way to protect consumers is through data-driven responsible gaming initiatives rather than total bans.
By using banking data and player behavior analysis, regulated companies can identify risky gambling habits early and intervene.
Flutter’s stance is that a healthy market requires a joint effort between the state, platforms, and financial institutions to ensure that the “long tail” of predatory, unregulated operators is replaced by a professionalized and sustainable sector.
Certification and the future of sports integrity
Technical integrity remains a high priority for the Secretariat of Prizes and Betting.
Through Ordinances 300 and 722, the government has established a rigorous certification process for the operating systems used by betting platforms.
Accredited laboratories, acting as technical extensions of the SPA, are now responsible for auditing algorithms, game systems, and payment integrations.
These certifications, often based on the international GLI Standard 21, must be renewed annually to ensure ongoing compliance.
In parallel, the Federal Police has officially institutionalized a dedicated group to investigate sports manipulation and betting-related crimes.
This group, established on May 12, 2026, aims to centralize all investigations related to match-fixing, creating a unified intelligence channel that bridges federal and state law enforcement agencies.
The goal is to move beyond reactive measures and establish a proactive surveillance system that can identify suspicious betting patterns before they impact the integrity of Brazilian sport.
A market at a crossroads
As Brazil prepares for the next phase of its regulatory journey, the industry stands at a crossroads. On one hand, the Ministry of Finance is building a world-class technical framework centered on compliance, transparency, and state monitoring.
On the other hand, a rising tide of political prohibitionism threatens to undo years of progress in favor of short-term electoral gains.
The coming months will be critical in determining whether Brazil can successfully finalize its transition to a regulated, responsible, and economically significant betting market, or if it will regress into a cycle of prohibition and clandestine activity.
The success of the “Brazilian experiment” in gambling regulation now depends as much on technical excellence as it does on political stability.
The post Brazil’s betting evolution: regulation, politics, and compliance appeared first on Americas iGaming & Sports Betting News.
Apple
Brazil’s regulated betting market faces its most turbulent week since launch
From App Store access to police budget disputes, four developments this week reshaped the regulatory and commercial landscape for licensed operators in Brazil
One in ten Brazilian teenagers bet on licensed platforms in 2025
A study commissioned by identity verification platform Unico and conducted by Ipsos with 1,200 young Brazilians between the ages of 10 and 17 revealed that 11% of that population placed bets on betting platforms during 2025.
The highest concentration occurred in the final four months of the year, when 9% of respondents reported having wagered. The data was first reported by Estadão.
The numbers are concentrated in the older age groups and among male respondents. Among boys aged 16 and 17, 20% said they had placed bets online at some point.
Among girls aged 14 and 15, the figure was 14%, more than three times the rate recorded among girls aged 10 to 13, where 4% reported accessing betting platforms or games such as “tigrinho.”
The findings are significant not because they point to failures in the regulated market, but because they highlight what lies beyond it.
Brazil’s licensed operators have been required since January 2025 to implement real-time facial recognition as part of their Know Your Customer procedures, making it virtually impossible for anyone under 18 to register on an authorised platform.
Pix transactions are restricted to accounts matching the platform registration, closing off the use of parents’ credentials.
Operators found in breach face fines of up to R$2 billion and licence revocation.
Luis Felipe Monteiro, CEO for Latin America at Unico, identified the core vulnerability.
“The main challenge today is that much of the internet still operates under fragile age verification mechanisms, based only on self-declaration.
In practice, clicking a button saying ‘I am over 18’ is enough to access different types of content or services,” he says.
Curiosity was the primary reason cited by young respondents for placing bets, mentioned by 41%.
The prospect of easy money was cited by 34%, while the influence of content creators registered at just 9% , a figure that complicates the prevailing narrative around influencer-driven gambling among minors.
The regulatory framework is tightening further.
Brazil’s Digital Child and Adolescent Statute, in force since March 17, requires digital platforms to implement mechanisms to prevent excessive or compulsive use among young people, a provision that explicitly covers betting and digital gaming.

Apple opens the App Store to licensed betting operators in Brazil
In a development the industry had been pushing for since the regulated market launched, Apple updated its App Store policies on May 8 to allow the distribution of fixed-odds betting applications in Brazil.
The change applies exclusively to operators holding a valid licence issued by the Secretariat of Prizes and Betting of the Ministry of Finance.
The move ends a period in which the iOS ecosystem maintained stricter restrictions for betting apps in the Brazilian market than in comparable regulated markets in Europe.
Those limitations had pushed licensed operators to prioritise mobile web versions and Progressive Web Apps over native applications, a structural disadvantage in a market where smartphones are the primary access point for bettors.
For operators seeking to list their applications, Apple has established a specific review process. Submitting updated app information in App Store Connect without uploading a new version will not trigger a review.
Developers must include Brazilian licence details in the App Review Information section, insert the information in the Notes field and attach supporting documentation confirming operational authorisation.
Applications classified as gambling content must carry an 18+ age rating in Brazil, applied automatically when developers confirm gambling content in the age rating questionnaire.
Apple’s guidelines state that applications must comply with all disclosure and notice requirements under Brazilian law, including age restrictions and gambling risk warnings.
Developers are directed to consult legal counsel on their specific obligations.
The industry’s reading of the update is clear: it represents international recognition of Brazil’s regulatory framework by one of the world’s largest technology companies.
The practical implications extend across commercial strategy.
Mobile already accounts for the dominant share of user access in Brazil, and the availability of native iOS applications opens new possibilities for conversion optimisation, user retention, CRM strategies and push notification campaigns, tools that web-based solutions cannot fully replicate.
The update brings Brazil closer to the operating conditions of established regulated markets in Europe, where licensed operators have long distributed native applications through official mobile ecosystems without restriction.
The full update is available on the Apple Developer News portal.
Brazil’s betting regulator takes the national experience to Bogotá
Daniele Cardoso, Secretary of Prizes and Betting at Brazil’s Ministry of Finance, represented the country at the 10th Ibero-American Gaming Summit, which concluded on May 6 in Bogotá, Colombia.
The event, held under the theme “Latin America: a regulated market driving opportunities,” brought together authorities and representatives from 15 Ibero-American countries alongside global companies and industry associations.
The host institution was Coljuegos, the Colombian gaming regulator linked to the Ministry of Finance and Public Credit.
Cardoso participated in the panel “Regulation and Licensing in Latin America: the stability framework,” where she outlined the trajectory of Brazil’s regulatory process and the challenges of building a framework for a market already in full operation at the time the rules were being written.
She traced the legal foundation from Law 13.756/2018 through to Law 14.790/2023, which established the fixed-odds betting regulatory regime, defining the rules for market entry and permanence, the sanctions process, consumer protection measures and mechanisms to address the negative externalities of the activity.
“Participating in international meetings allows us to learn from the experiences of other countries, exchange good practices and improve legal and technological regulatory tools,” Cardoso said.
“This contributes to a safer, more transparent and better protected environment for the bettor.”
The panel also included:
- Luis Filipe Coelho, director of the Gaming Regulation and Inspection Service of Portugal;
- José Luis Pérez, director of Regulation and Registration at Peru’s General Directorate of Casino Games and Slot Machines;
- Juan Carlos Santaella Marchán, director of Puerto Rico’s Gaming Commission;
- Maria de Lourdes Ramírez, General Director of Games and Lotteries of Mexico;
- Marco Emilio Hincapié, president of Coljuegos.
A second panel, focused on responsible gambling as a long-term business sustainability driver, addressed consumer protection as a central pillar of industry operations, with emphasis on the implementation of policies and tools capable of ensuring the viability of the business model while prioritising client protection.
Brazil’s presence in Bogotá reflects the growing weight the country carries in regional regulatory conversations.
With one of the most comprehensive licensing frameworks in Latin America now in its second year of operation, Brazilian regulators are increasingly sought as reference points by counterparts across the region.
Police forces dispute control of betting tax revenues as provisional measure creates internal friction
A provisional measure signed by President Luiz Inácio Lula da Silva in early April has generated significant tension within Brazil’s federal security forces over the distribution of revenues derived from fixed-odds betting taxation.
The measure directs up to R$200 million to the Fund for Equipment and Operationalisation of the Federal Police’s Core Activities, known by its Portuguese acronym Funapol, with the stated objective of covering health benefits for officers across three federal police forces: the Federal Police, the Federal Highway Police and the Federal Penitentiary Police.
The political framing presented the measure as a shared victory for all three forces.
The legal reality is more complicated. Funapol is structurally and exclusively linked to the Federal Police.
The provisional measure contains no legal guarantee that the funds will be distributed proportionally among the three institutions, a gap that has generated sustained concern within the Federal Highway Police and Federal Penitentiary Police, according to CNN Brasil.
The background to the measure matters.
The government had originally pursued a Constitutional Public Security Fund as the vehicle for this funding, but that project stalled in Congress with insufficient time for approval before electoral legislation restrictions came into force.
The provisional measure , which carries immediate legal force, was the alternative solution. It resolved the bureaucratic obstacle without resolving the underlying dispute over distribution.
The model established by the measure provides for the government to transfer, progressively through 2028, up to 3% of total fixed-odds betting tax revenues to Funapol.
With Brazil’s regulated market recording a GGR of R$37 billion in 2025, the potential scale of those transfers is substantial.
Congressional allies of the Federal Highway Police and Federal Penitentiary Police have responded by introducing amendments seeking to broaden the scope of distribution and prevent the Federal Police from being the sole beneficiary.
The dispute has transformed the measure’s passage through Congress into a legislative battleground, with both forces maintaining active lobbying operations in Brasília to secure equal treatment.
For the betting industry, the episode illustrates a dynamic that has become increasingly visible since the market launched: tax revenues from licensed operators are now large enough to attract political competition over their allocation, a development that underlines both the scale the regulated market has reached and the institutional complexity of managing it.
The post Brazil’s regulated betting market faces its most turbulent week since launch appeared first on Americas iGaming & Sports Betting News.
-
2026 FIFA World Cup6 days agoBetano Sends a Video Game Character into the Real World to Capture the Emotion of the World Cup
-
Amusnet6 days agoWeekend Reels | Week 23: Slot Drops & Trends
-
Asia6 days agoPhilWeb Showcases Technology-Driven Growth Vision at SiGMA Asia 2026
-
Casinò Portorož6 days agoSYNOT Games Enters Slovenian Market with Casino Portorož Partnership
-
Balkans6 days agoStrong Customer Response Marks Successful Belgrade Future Gaming 2026 for NOVOMATIC
-
BETER6 days agoBETER secures Kentucky license, bringing Setka Cup and ESportsBattle to ninth US state
-
Africa6 days agoGaming Tech Summit Africa convenes regulators and operators in Nairobi
-
Endorphina6 days agoEndorphina Releases Football 2026



