DraftKings, MGM, Hard Rock Mull Entering Brazil Online Betting Market

Last year, Federative Republic of Brazil established regulatory guidelines for its online wagering market place — a make a motion that’s expected to enticement some of the industry’s biggest players to Latin America’s largest economies. It’s rumored that US-based betting behemoths DraftKings (NASDAQ: DKNG), MGM Resorts International…

Brazil’s Sports Betting, iGaming Bill Survives Senate Committee With Lower Tax Rate

Brazil’s Senate has unclogged whatever was keeping the country’s sports betting measure from moving forward. On Wednesday, the chamber’s Economic Affairs Committee (CAE, for its Portuguese acronym) approved a project that regulates and taxes the sports betting and online casino market. The proposition establishes rules for the…

Sports Betting Ban in Chile Leaves Soccer Teams With Fewer Sponsors

Supreme Court justices inward Chile’s highest tribunal decided utmost calendar week that almost all sports betting operators dynamic inwards the rural area was doing so illegally. As anticipated, the ruling is impacting Chilean sports, most notably its association football industry, with teams breaking their sponsorship agreements with the sportsbooks.…