Pincer machines: gambling or manipulation?
Pincer machines, the famous soft toy dispensers often found at fairs and shopping centres, are at the heart of a growing controversy in Rio de Janeiro, Brazil’s second largest city.
Pincer machines, the famous soft toy dispensers often found at fairs and shopping centres, are at the heart of a growing controversy in Rio de Janeiro, Brazil’s second largest city.
A new fraud case is shaking the world of social networks and online gaming. Indeed, the famous Brazilian influencers Ianka Cristini and Bruno Martins, with more than 15 million subscribers, were arrested on Tuesday, January 14, 2025.
Brazil has approved 71 gambling licenses.
The time has come: Superbet is the first gambling company to receive a license to operate legally in Brazil.
During a speech at the United Nations, President Lula slammed the gambling industry. He called gambling a “disaster” that primarily affects the poorest Brazilians.
A major investigation into money laundering practices has been launched in Brazil. And gambling companies in Curacao are also coming into the picture.
Flutter Entertainment is taking a big step into the Brazilian gambling market by buying a 56% stake in NSX Group. They are paying around $350 million for this.
Betano is currently outperforming everyone in Brazil. With a 23% share of the grey gambling market, Betano is at the top.