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Brazil adds sports betting to investment and privatisation plans

21st August 2020 8:56 am GMT
Brazil

Sports betting operators may soon have the opportunity to bid for a license in Brazil after the government officially included betting in its Investment Partnership and National Privatisation programmes.

The official decree published Wednesday enables the Brazilian government to develop a privatisation plan and offer concessions to operate sports betting across the national territory.

The government will conduct a review of its available options but notes that the concession model used in the Lotex auction could be [...]

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