Legal
August 23, 2020
Brazil President Bolsonaro Approved Sports Betting Privatization
Sports betting in Brazil will be privatized by the country after the proposed decree by the Ministry of Economy was signed into law by President Jair Bolsonaro. According to the proposal, the sports betting sector will become part of the country’s Investment Partnership Program (PPI) portfolio. The proposal for the privatization of the sports betting […]
Legal
June 25, 2020
Brazil Awaiting OK by President to Privatize Sports Betting Sector
Seeking to cushion the impact of the COVID-19 pandemic, the Brazilian Ministry of Economy has proposed a plan to privatize the sports betting industry. The move awaits support from the country’s president, Jair Bolsonaro. Brazil Wants to Privatize Sports Betting Operations Sports betting businesses in Brazil will become the property of the state, a new […]