Brazil
👻 Brazil🇧🇷: last year, illegal gambling market profits reached nearly USD 2.7 billion Paid Members Public
👻 Brazil🇧🇷: last year, illegal gambling market profits reached nearly USD 2.7 billion The figure is an estimate, as illegal operators do not pay taxes and their financial activity is difficult to track. Estimates may vary depending on the source; however, the scale of the phenomenon remains substantial. ➡️ Key comparisons:
🐒Brazil🇧🇷 led in the second half of 2025 in the number of sports betting app downloads Paid Members Public
🐒Brazil🇧🇷 led in the second half of 2025 in the number of sports betting app downloads According to market monitoring data from the U.S.-based platform Sensor Tower🇺🇸, Brazil accounted for nearly one third of all downloads, with 34.3 million registrations out of a global total of 115.
🎉 Brazil🇧🇷: Argentine wallet MODO🇦🇷 integrates Pix payments via QR code Paid Members Public
🎉 Brazil🇧🇷: Argentine wallet MODO🇦🇷 integrates Pix payments via QR code Digital wallets are increasingly acting as “bridges” between different national financial systems. 👉 MODO users will be able to make payments in Brazil directly from their Argentine bank accounts, without the need for physical cards, by using the unified QR code
😴 Brazil🇧🇷: Workers’ Party (PT) proposes new bill to raise betting tax to 24% Paid Members Public
😴 Brazil🇧🇷: Workers’ Party (PT) proposes new bill to raise betting tax to 24% Previous bills proposed raising the rate from 12% to 18%, then to 22%, but the current bill proposes increasing it to 24%. This follows earlier discussions suggesting potential tax hikes. ➡️ According to the bill’s explanatory note,
🎉 Brazil’s Betting Industry Secures Stability as 12% GGR Tax Remains in Place Paid Members Public
🎉 Brazil’s Betting Industry Secures Stability as 12% GGR Tax Remains in Place According to official reports, Brazil’s 12% Gross Gaming Revenue (GGR) tax for online betting operators will stay in place, with no increase to 18% or 22% as previously proposed. ➡️ The National Association of Games and Lotteries
🛠 Brazil🇧🇷: #PIX adds a “Dispute” button to banking apps starting October 1 Paid Members Public
🛠 Brazil🇧🇷: #PIX adds a “Dispute” button to banking apps starting October 1 The update is part of Brazil’s “Special Refund Mechanism” (MED), launched by the Central Bank to handle fraud-related cases. The dispute process is now fully digital, removing the need for any in-person procedures. Reminder: the PIX instant
🎉 Colombia🇨🇴: international payment provider EBANX launches the instant payment system #Bre-B for foreign merchants Paid Members Public
🎉 Colombia🇨🇴: international payment provider EBANX launches the instant payment system #Bre-B for foreign merchants Colombia’s Bre-B is a new national instant payment system in Latin America, officially launched just a month ago. It is a state-owned payment platform operating under an A2A (account-to-account) model, integrated directly into local banking
⬆️Brazil🇧🇷: all Pix features are now available in the Wise app Paid Members Public
⬆️Brazil🇧🇷: all Pix features are now available in the Wise app For Brazilian users, Wise has introduced the Pix key feature to its app, granting full access to all Pix services directly within the platform. ➡️ The process of making payments, receiving transfers, and depositing Brazilian reals into Wise accounts has