As one of the fastest-growing gaming frontiers in the world, Brazil's newly regulated online gambling market is attracting interest from major players in sports betting, such as DraftKings Inc. and MGM Resorts International. Brazil is the largest economy in Latin America.
After the president last year signed a regulatory framework into law establishing licensing fees and other requirements for businesses that want to offer fixed-odds sports betting and virtual online gaming services inside the nation, industry observers now see it poised for even more growth.
After the president last year signed a regulatory framework into law establishing licensing fees and other requirements for businesses that want to offer fixed-odds sports betting and virtual online gaming services inside the nation, industry observers now see it poised for even more growth.
