{"id":233,"date":"2019-06-25T00:00:00","date_gmt":"2019-06-25T00:00:00","guid":{"rendered":"https:\/\/gbc.ng\/sports-betting-in-brazil-remains-unregulated\/"},"modified":"2019-06-25T00:00:00","modified_gmt":"2019-06-25T00:00:00","slug":"sports-betting-in-brazil-remains-unregulated","status":"publish","type":"post","link":"https:\/\/gbc.ng\/index.php\/sports-betting-in-brazil-remains-unregulated\/","title":{"rendered":"SPORTS BETTING IN BRAZIL REMAINS UNREGULATED"},"content":{"rendered":"<p><strong><em>The lack of regulation has most sports betting companies in Brazil operating on offshore servers.<\/em><\/strong><\/p>\n<p>Brazil.-\u00a0<em><strong>Sports betting regulation in Brazil<\/strong><\/em>\u00a0will probably arrive soon. However, as lawmakers debate how and when, companies are already arriving in the country. Still, as clear regulation has yet to be enforced, growth opportunities are going to waste in the region.<\/p>\n<p>As media outlet\u00a0<em><strong>Terra Noticias<\/strong><\/em>\u00a0reported, most sports betting companies in Brazil operate from offshore servers. That way, the country loses the potential to develop autonomously and get financial benefits.<\/p>\n<p>For that reason, operators eagerly wait for new, unvoted regulations to be enforced soon. That way, sports betting companies in Brazil would be taxed and the economy would benefit from it.<\/p>\n<p>\u201cWith new regulations, it\u2019s possible that sports betting gets officially accepted by the government. That would bring security both for gamblers and investors, both local and foreign. That way, a big opportunity will open for those set to take advantage of the market,\u201d the media outlet assessed.<\/p>\n<p>The regulated sports betting market could become the greatest attraction for the entertainment industry in Latin America. That\u2019s why the government attempted to regulate the segment. It is now up to the new Jair Bolsonaro\u2019s administration to enact said legislation.<\/p>\n<p class=\"author__bio\" itemprop=\"description\">\n<p class=\"comment-form-comment\"><label class=\"show-on-ie8\" for=\"comment\">Comment<\/label><br \/>\n<textarea aria-required=\"true\" cols=\"45\" id=\"comment\" name=\"comment\" placeholder=\"Message\" rows=\"8\"><\/textarea><\/p>\n<p class=\"comment-form-author\"><label class=\"show-on-ie8\" for=\"author\">Name<\/label><input aria-required=\"true\" id=\"author\" name=\"author\" placeholder=\"Name...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-email\"><label class=\"show-on-ie8\" for=\"name\">Email<\/label><input aria-required=\"true\" id=\"email\" name=\"email\" placeholder=\"Email...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-url\"><label class=\"show-on-ie8\" for=\"url\">Url<\/label><input id=\"url\" name=\"url\" placeholder=\"Website...\" size=\"30\" type=\"text\" value=\"\"\/><\/p>\n<p class=\"comment-form-cookies-consent\"><input id=\"wp-comment-cookies-consent\" name=\"wp-comment-cookies-consent\" type=\"checkbox\" value=\"yes\"\/><label for=\"wp-comment-cookies-consent\">Save my name, email, and website in this browser for the next time I comment.<\/label><\/p>\n<p class=\"form-submit\"><input class=\"submit\" id=\"comment-submit\" name=\"submit\" type=\"submit\" value=\"Send\"\/> <input id=\"comment_post_ID\" name=\"comment_post_ID\" type=\"hidden\" value=\"4435\"\/> <input id=\"comment_parent\" name=\"comment_parent\" type=\"hidden\" value=\"0\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The lack of regulation has most sports betting companies in Brazil operating on offshore servers. Brazil.-\u00a0Sports betting regulation in Brazil\u00a0will probably arrive soon. However, as lawmakers debate how and when, companies are already arriving in the country. Still, as clear&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3],"tags":[],"class_list":["post-233","post","type-post","status-publish","format-standard","hentry","category-america","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SPORTS BETTING IN BRAZIL REMAINS UNREGULATED - GBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gbc.ng\/index.php\/sports-betting-in-brazil-remains-unregulated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SPORTS BETTING IN BRAZIL REMAINS UNREGULATED - GBC\" \/>\n<meta property=\"og:description\" content=\"The lack of regulation has most sports betting companies in Brazil operating on offshore servers. 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