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Brazilian authorities have launched a major investigation into NSX Group, the operator behind Betnacional and Betfair’s Brazilian operations, over allegations involving tax evasion, currency violations and money laundering. The investigation comes as authorities intensify scrutiny of the rapidly expanding betting sector and seek to establish whether some operators continued using financial structures associated with the pre-regulation market after Brazil introduced its licens

Brazil's newly regulated betting industry has become a significant source of government revenue, generating R$8.7 billion in tax payments during the first seven months of 2026. The figure represents a substantial increase compared with the same period last year and comes at a time when the sector is facing growing political opposition and calls for tighter restrictions. The tax contribution between January and July represents an increase of approximately 77% compared with the

Brazil's regulated betting industry has generated approximately R$8.7 billion in tax revenue during the first seven months of 2026, underlining the growing financial importance of the sector even as political opposition to online gambling intensifies. The figure, equivalent to roughly £1.2 billion, represents a 76.86% increase compared with the same period in 2025, according to figures from Brazil's Federal Revenue Service. Between January and July 2025, licensed betting and

Brazil's recently established regulated betting market is facing renewed political pressure after Federal Deputy Caroline de Toni introduced legislation seeking to prohibit fixed-odds betting and dismantle the country's current licensing framework. The proposal, Bill No. 5,153/2026, was submitted to the Chamber of Deputies on 24 August and would effectively bring an end to the regulated fixed-odds betting model currently operating in Brazil. The legislation proposes terminati

The 3rd Court of the Special Civil Court of the District of Anápolis, located in the state of Goiás, has ruled entirely unfounded a lawsuit brought by a user against Novibet, delivering a significant judicial decision that helps define the legal limits of operator responsibility within Brazil’s rapidly evolving betting sector. The plaintiff had sought compensation for both material and moral damages, as well as the annulment of gambling transactions conducted through the plat

Brazil’s regulated betting sector has reacted strongly after President Luiz Inácio Lula da Silva urged authorities to consider banning online gambling, comments that have drawn criticism from industry stakeholders who warn the move could drive players into the unregulated market. The remarks were made during a national address delivered on Sunday to mark International Women’s Day, when Lula described gambling addiction as a growing social problem affecting Brazilian familie