Brazilian media companies consider launch of sports betting franchises

Prior to the start of regulated online gambling in Brazil, only five operators had submitted license applications, according to the most recent count. That will probably change, though, now that the government has confirmed that igaming is regulated and released the final ordinances for market regulation. The largest media companies in Brazil appear to be considering their options.

In the meantime, discussions on a plan to legalize land-based casino gambling have started in the Brazilian Senate.
 
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