BIG Brazil looking to secure gambling license in Brazil

BIG Brazil, a Caesars Sportsbook licensee, has declared that it intends to pursue accreditation with the Rio de Janeiro State Lottery. Several betting companies have entered Brazil even though it is not yet legal to bet on sports. Brazil has experienced ups and downs in its journey to legalize sports betting. It does appear to be nearing the end, though, with a bill tentatively approved by parliament.