Brazil’s government has authorized 95 online sports betting and casino operators to continue their activities. This move aims to regulate the industry amid concerns about gambling addiction. Finance Minister Fernando Haddad has described the situation as a “pandemic” of problem gambling. The Ministry of Economy approved 199 brands from 95 betting companies to operate in […]
Related Posts
Dollar Falls Amid Rising Commodities and U.S. Economic Data
On Tuesday, the U.S. dollar saw a near 1% drop against the Brazilian real as global commodity prices, like iron ore, climbed. Investors were also reshaping their strategies, awaiting crucial economic updates from the U.S. later in the week. The day closed with the dollar at 4.9334 reais, marking a 0.98% decline. Throughout February, it […]
Lula Cautions Time Running Out for Mercosur-EU Agreement
Brazil’s President, Luiz Inácio Lula da Silva, commonly known as Lula, issued a warning about the Mercosur-European Union trade deal. During a breakfast meeting with journalists on Friday, he stressed the pressing need for action. He said that if he and European Union leader Pedro Sánchez didn’t finalize the deal, it might never happen. Lula […]
