Tag: Brazil
OpenBet Finalizes $450 Million Management Buyout from Endeavor
OpenBet has officially completed its $450 million management buyout from Endeavor Group Holdings. The acquisition closed on 24 March 2025 and transferred control to OB Global Holdings LLC, a newly formed corporate
Brazil Parliament Reveals Match-Fixing Scandal: Are Crypto Betting Markets Being Used?
A Parliamentary Inquiry Commission (CPI) on Match-Fixing and Sports Betting in Brazil has revealed extensive corruption within the country’s soccer industry. The 700-page report exposes criminal networks that have
Tax Authority in Brazil Calls for Stricter Gambling Taxation to Deter Betting
In Brazil, the Parliamentary Inquiry Commission (CPI) on Bets heard from the Special Secretary of the Federal Revenue Service (RFB) last week. Robinson Sakyama Barreirinhas used his time to advocate for stricter tax
New Brazil Gambling Licenses Issued, Crypto Payments Still Banned
The newly regulated Brazil online market has continued to expand, with eight more companies receiving full Brazilian licenses this week. The country’s regulator, the Secretariat of Prizes and Bets (SPA), has released
Metaverse casino served emergency cease and desist to halt NFT sales
A metaverse casino has been hit with simultaneous cease-and-desist orders from four state enforcement bodies across the United States, who have deemed the firm’s nonfungible tokens (NFTs) to be unregistered