The Unit, a leading software development firm, has been selected by Sportingtech to elevate its sports betting and iGaming solutions for the competitive Brazilian market.

Brazil’s ban on bonus promotions in betting advertisements poses a critical challenge for gambling operators preparing for the official launch of the country’s online betting market in January 2025

Latin America is emerging as a prime destination for global sports betting operators.

Brazil’s National Consumer Secretariat (SENACON) has imposed a groundbreaking directive targeting gambling incentives, aiming to safeguard consumers and prevent exploitation.

Morningstar has reiterated a “Buy” rating for Ambev SA ADR (ABEV), setting a fair value target of $3.23 per share. The stock currently trades at $2.18, presenting a potential upside for investors.

Brazil has given green signal to Sports Betting but payments can't be made using cryptocurrency. The government wants better control over the funding of betting operations and also withdrawals.