Spin Gaming Brasil said it completed a funding round with US funds, raising more than R$35 million. The live-casino producer said it plans to expand and operates studios in São Paulo, offering roulette, blackjack and poker alongside services for operators.
The funding could help Spin Gaming expand its São Paulo studios and supply live-casino games and services to operators.
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Brazil’s federal government asked Anatel to suspend more than 10,000 betting websites following the fixed-odds betting prohibition, according to the report. The government said user balances on platforms fell from about R$2.1bn on 26 September to R$1.453bn, while bettors were given until 23:59 on 5 October to withdraw funds voluntarily. Betting company websites and apps were due to go offline from 6 October, with banks scheduled to process refunds from 9 to 14 October.
Reportedly, Avanti Studios has entered Brazil in partnership with Superbet. The supplier begins its South American expansion with more than 20 live casino tables.
Reportedly, Brazil's MJSP introduced an administrative procedure for forfeiting funds linked to unauthorised fixed-odds betting operators. Ordinance 1.287/2026 took effect following its signing on 2 September, covering more than R$1bn in blocked funds. Affected parties have 15 days to submit a defence and 10 days to appeal; transferring funds to federal ownership requires a judicial decision.
EGT Digital announced an agreement to supply casino content to Esportes da Sorte in Brazil. The company said the portfolio includes more than 200 games, covering online slots and progressive jackpots for desktop and mobile devices.
Brazil has blocked over 56,000 unauthorised betting websites during its federal enforcement campaign, citing SPA secretary Daniele Cardoso’s interview with SBT News. Cardoso said SPA also tracks companies handling illegal betting funds to pursue account closures and end payment relationships.