Brazil
🤡 Brazil🇧🇷: President Luiz Inácio Lula da Silva (“Lula”) stated on television that he will shut down all bookmakers Paid Members Public
🤡 Brazil🇧🇷: President Luiz Inácio Lula da Silva (“Lula”) stated on television that he will shut down all bookmakers The statement generated broad attention. ⏩ The remarks were made on April 8, and the president’s main position was expressed as follows: “Betting must be regulated so that there is as little
⚽️ Ahead of the Football World Cup: Latin America bookmakers face new challenges Paid Members Public
⚽️ Ahead of the Football World Cup: Latin America bookmakers face new challenges According to survey results conducted in 2026 by Greek fintech OKTO PAYMENTS🇬🇷, based on 620 interviews with companies and users in Brazil🇧🇷, Argentina🇦🇷, and Chile🇨🇱, deposit speed alone will no longer be sufficient to retain users. 🟢 Market scale:
😱 Brazil🇧🇷: Parliament proposes reducing bookmaker margins to fund the Federal Police Paid Members Public
😱 Brazil🇧🇷: Parliament proposes reducing bookmaker margins to fund the Federal Police The proposal has gained clear government backing, as Provisional Measure No. 1,348—amending Law No. 13,756/2018—has already been published in the Official Gazette (DOU). ➡️ The new measure establishes the mandatory transfer of bookmaker revenues to
💣 Brazil🇧🇷: TikTok seeks to obtain a license from the Central Bank to provide financial services Paid Members Public
💣 Brazil🇧🇷: TikTok seeks to obtain a license from the Central Bank to provide financial services The platform aims to obtain authorization to operate electronic money and offer lending services. In other words, two licenses are required. 🟰 Broadly speaking, TikTok is looking to build a financial services ecosystem inspired by the
😎 Mastercard AI agents in LatAm: enabling real-time payments❕ Paid Members Public
😎 Mastercard AI agents in LatAm: enabling real-time payments❕ This type of implementation is particularly relevant for large-scale international networks. In this case, the initiativedemonstrates its operational viability. 🔻 Mastercard Agent Pay supports fully authorized transactions: during testing, AI agents initiated and completed purchases on behalf of cardholders across categories including beauty
🤬 Brazil🇧🇷: loyalty and cashback programs in the gambling sector may be banned Paid Members Public
🤬 Brazil🇧🇷: loyalty and cashback programs in the gambling sector may be banned The corresponding bill aims to “limit mechanisms for incentivizing and retaining betting activity” and is currently under review in the Senate. The initiative was introduced by evangelical representatives. 🔺 Existing legislation had already prohibited the provision of upfront bonuses,
🐒 Brazil🇧🇷: the Tax Authority published detailed guidelines for calculating and paying income tax on winnings from fixed-odds betting and fantasy sports Paid Members Public
🐒 Brazil🇧🇷: the Tax Authority published detailed guidelines for calculating and paying income tax on winnings from fixed-odds betting and fantasy sports To support these processes, the authority now provides citizens with a dedicated digital system. The service is available on the official website. ➡️ The guidelines specify when the tax applies
😱 Brazil🇧🇷: the regulator has blocked more than 27,000 illegal sites and plans to continue enforcement Paid Members Public
😱 Brazil🇧🇷: the regulator has blocked more than 27,000 illegal sites and plans to continue enforcement On March 4, during the SBC Summit Rio event, two representatives of Brazil’s betting market regulators — the Secretary of Lotteries and Betting at the Ministry of Finance and the Secretary for Sports Betting