Brazil’s illegal betting market still accounts for 41% to 51% of online wagers, and industry leaders say payment controls are the fastest way to push players to licensed platforms Paid Members Public
Brazil has had a regulated sports betting and online gaming market for a year and a half, but illegal operators still take a large share of activity. In this debate, five industry figures point to the same pressure point: payments, especially Pix, because that is where unlicensed platforms actually touch
Brazil prepares operations against PCC and Comando Vermelho, targeting illegal cigarettes, irregular bets, fintechs and smaller banks Paid Members Public
The Brazilian federal government is in the final stage of preparing new operations against the Primeiro Comando da Capital (PCC) and Comando Vermelho (CV), with illegal cigarette trade and irregular bets in the crosshairs. For PSPs, acquiring teams, and banks, the key detail is that authorities say smaller financial institutions
Juspay expands Click to Pay globally through Mastercard Engage after Brazil test Paid Members Public
Juspay has joined Mastercard Engage to roll out Click to Pay for merchants beyond Brazil, giving the Bangalore-based paytech access to Mastercard’s networked tokenization and one-click checkout stack. For PSPs and merchants, the point is simple: fewer manual card-entry errors, less checkout friction, and a payment flow that sits
OpenPayd to list on Nasdaq via SPAC merger at $1.145 billion valuation Paid Members Public
OpenPayd, the UK-based infrastructure provider used by high-risk and crypto-facing merchants, is heading to Nasdaq after signing a definitive business combination agreement with Titan Acquisition Corp. The deal matters because it puts one of the more infrastructure-heavy players in the stack on a public market timetable, with fresh capital aimed
Brazil’s Federal Public Prosecutor opens inquiry into Lula government betting oversight as 190 licensed platforms operate Paid Members Public
The Federal Public Prosecutor’s Office (MPF) has opened a year-long inquiry into how the Lula government is regulating online betting, with a specific focus on whether the Ministry of Finance is actually monitoring compliance with Brazil’s betting laws. For PSPs and operators, the point is not just who
Radiant Capital announces self-liquidation after 2024 $50 million hack Paid Members Public
The decentralized lending protocol Radiant Capital is shutting itself down after failing to recover from the October 2024 exploit that drained more than $50 million from its Arbitrum and BSC markets. For high-risk payment and crypto operators, the useful part is not the drama; it is the reminder that one
Brazil panel reviews online betting regulation, consumer protection, and the gap between licensed and illegal operators Paid Members Public
At the XIV Forum of Lisbon, industry executives, lawyers, and sports officials reviewed how Brazil’s online betting regime is working in practice. The useful bit for PSPs is not the panel itself; it is the split it drew between licensed operators that now have compliance and player-protection controls, and