Switzerland’s Gespa is examining whether FIFA’s blockchain-based Right To Buy tokens fall under gambling legislation, the regulator’s director said. Gespa will gather further facts before deciding whether regulatory action is needed; FIFA has sold tens of thousands of tokens for more than $15m, according to the report.
The investigation could determine whether FIFA’s ticket-token offering falls within Switzerland’s gambling rules.
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Kaizen Gaming said proposed restrictions in Buenos Aires province, including a bill to prohibit online gambling, could drive players to illegal offshore sites. Regulatory affairs senior manager Gabriel Buenos said the company supports player-protection measures but believes proposals should be assessed for their effect on the regulated market. He also cited estimates that offshore sites account for 80% of online gambling in Argentina.
Kaizen Gaming cautioned that plans to prohibit internet betting in Buenos Aires province risk sending more players to illegal offshore sites. Gabriel Buenos, a senior regulatory affairs manager at Kaizen Gaming, said the operator favours strong regulation but cautioned against steps that would send more players offshore. The company's Betano brand holds a licence in the province.
The IBJR said its monitoring and economic simulation identified 60,477 suspected betting sites in Brazil, with data updated to 27 October. It estimated annualised clandestine-market GGR at R$56bn, up from R$27.9bn, but said the 101% increase was a simulation rather than a direct market measurement. The report also said 85 federal authorisations covering 82 companies expired on 25 October after a 30-day period.
The Brazilian Responsible Gambling Institute (IBJR) said its LegitBet monitoring system identified 60,477 suspected betting sites operating in Brazil after the federal government's provisional measure banned fixed-odds betting. The institute estimated that the clandestine market may have grown 101% since 25 September, with data updated to 27 October, according to the IBJR.
The IBJR said its monitoring had identified 60,477 suspected betting addresses in Brazil since it began tracking them after the betting prohibition. Its LegitBet system found betting-operation indicators on 34,134 sites, while the IBJR noted that these were database entries, not necessarily newly created sites, and did not replace authority reviews.
The Brazilian Responsible Gambling Institute (IBJR) said its monitoring had identified 60,477 addresses suspected of offering betting since it began tracking them after betting was prohibited in Brazil. In 34,134 of those sites, the institute's LegitBet system found elements characteristic of betting operations, such as bonus offers, Pix payments and registration forms, according to the institute. The data was updated to Tuesday 27 October.
Blask’s September 2026 analysis put Brazil at 57.8% of demand for online betting and gaming in Latin America, despite a 5.2% decline in its regional share. The company said regional demand fell 0.2%, while interest in licensed Brazilian brands dropped 82% between 25 September and 1 October after the fixed-odds betting ban. Blask said its indicators measure consumer interest and brand visibility, not revenue share or active bettors.
Latin American demand for online betting and gaming slipped 0.2% in September 2026, Blask's market analysis found. Brazil still supplied 57.8% of the region's online betting and gaming demand, holding first place. The regional dip occurred even as 16 of the 20 markets tracked by Blask posted growth over the period.
An economist’s estimate reported in the source says Flamengo, Corinthians and Palmeiras could lose R$695.5 million a year combined in betting sponsorship and stadium advertising revenue if Brazil’s provisional measure remains in force. The projections put potential revenue reductions at 26% for Flamengo, 23% for Corinthians and 22% for Palmeiras; they are not losses already recorded.
Flamengo, Corinthians and Palmeiras could lose a combined R$695.5m a year in sponsorship and stadium advertising revenue if Brazil's provisional measure on fixed-odds betting remains in force, according to an estimate by economist Cesar Grafietti. The figures are projections of the financial impact of removing betting-related revenue, not losses the clubs have already recorded.