Brazil Moves to Block Prediction Market Platforms
Government argues that prediction markets too closely resemble betting, and are competing with the regulated igaming market Brazil’s regulated online igaming market launched Jan. 1...
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Government argues that prediction markets too closely resemble betting, and are competing with the regulated igaming market Brazil’s regulated online igaming market launched Jan. 1...
Brazil has blocked access to prediction market platforms, including Polymarket and Kalshi, after regulators determined that event-based contracts fall outside the country’s legal b...
Brazilian police arrested Brabet betting platform owner Alberth Cesar Janjon last week as investigators widened a sprawling probe into suspected… Continue reading Brazil gambling p...
BETBY announced a new partnership with Vibra Gaming, a games and platform developer in Latin America. The company largely operates in Brazil and could see operations limited by a p...
Brazil has blocked 27 prediction market platforms, including Kalshi and Polymarket, as new rules classify many contracts as gambling.Brazilian authorities have moved to shut down 2...
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