Americas NEWS

Google requires certification for sports betting ads

From September 30th, Google will require authorization from the Ministry of Finance for sports betting advertisements in Brazil. The new rule aims to regulate the sector, combat betting addiction and ensure transparency in operations.

How state taxes are shaping the U.S. sports betting market

In the U.S., over 30 states allow sports betting. Regulations and tax structures vary widely across the nation, shaping the industry.

Surge in gambling among Brazil’s low-income population raises concerns  

Brazil is experiencing a rise in the use of its instant payment system, Pix, for online gambling, with transactions increasing by over 200 percent since January 2024. According to local reports, the Central Bank of Brazil has identified this surge as a potential warning sign of declining credit quality, particularly among low-income groups, including those receiving Bolsa Família, a social assistance programme.

Progress and challenges in Canada’s gambling framework

Over the years, Canada’s gambling laws have transitioned from a restrictive framework to a more regulated and open system.

Poker’s rise, from riverboats to online tables

Long before poker became the global phenomenon we know today, it first emerged in the humid streets of Louisiana in the early 1800s.

Gaming industry is boosting Colombian GDP

Games of luck and chance are one of the sectors of the economy that most boosted the growth of the Colombian GDP.

U.S. gaming industry spent $472 million on responsible gaming this year

Investments in responsible gaming have grown at a faster pace than gaming revenues: annual spending is now reaching $471.8 million.

IGT, FanDuel extend partnership for retail sports betting  

International Game Technology PLC (IGT) has announced a four-year renewal of its partnership with FanDuel, continuing to serve as the exclusive retail sports betting platform provider across North America.

Flutter’s bold forecast spurs market gains and expands U.S. reach

This week, just ahead of its Investor Day presentation, Flutter Entertainment (FLUT), the parent company of FanDuel, unveiled a mid-term development plan for 2027 and announced a new $5 billion share buyback program. FLUT shares rose at the start of the day, leading the market, with competitors like DraftKings also seeing gains in response.

Colombia is strengthening its gambling standards

Colombia’s national gaming regulator, Coljuegos, has introduced a new draft resolution focused on responsible gambling standards.