News June 2025
Businessman arrested during testimony Legislation
In a shocking development, Brazil’s Parliamentary Inquiry Commission (CPI) into Sports Betting arrested businessman Daniel Pardim Tavares Lima during his testimony. Senators asserted that Pardim denied information they deemed credible. Te motion for his immediate arrest was initiated by CPI relator Senator Soraya Tronicke and subsequently endorsed by the committee’s president, Senator Dr. Hiran. Senator Tronicke alleged that Pardim misled the committee when he claimed to be unfamiliar with his business partner, Adélia de Jesus Soares. Both individuals are associated with Peach Blossom River Technology, which has ties to another company, Payflow. Payflow operates in the digital payments
Paraguay issues gambling decree Legislation
Paraguay has issued a decree outlining the regulations for its new gambling law. Te decree comes after President Santiago Peña enacted Law 7483, which revises the legal framework for gambling operations in January. A major shift will see Conajzar transition to the
National Directorate of Tax Revenues (DNIT), granting the agency enhanced oversight powers to tackle irregularities in the gambling sector and address illegal gambling activities. Te decree clarifies the roles and
responsibilities of both Conajzar and the DNIT, ensures that administrative decisions are legally valid, and provides guidelines for effectively
French online market breaks records Operator News
In the wake of a particularly favourable sporting calendar with the Euro football tournament and the Paris Olympics, the French online market had a record year with a GGR of €2.6bn, up 12 per cent compared to 2023. Spearheading this growth, online sports betting
recorded a GGR of nearly €1.8bn, up 19 per cent compared to 2023. With a market share of more than 12 per cent of the total gambling market, online sports betting is the second largest
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sector, facilitating services for online betting. “He started lying from the very beginning,
saying he did not know his partners. He lied three or four times, and we gave him the chance, repeating questions. Nobody forms a partnership with someone they do not know. He committed to [as a witness] telling the truth about what would not incriminate him. But he also cannot omit known issues. “What we cannot allow is this disrespect
within a CPI of the largest Legislative House in the country,” said Senator Tronicke who had requested his summons.
Reuters reports Clarion Events is for sale Events
Reuters has reported that Blackstone has kick-started the process of selling Clarion Events, the owner of ICE and IGBLive!, with a price tag of £2bn. Te news agency has spoken to four sources close to the deal, saying that the exhibition and events company has been marketed to potential suitors, including CVC, KKR, PAI Partners, Ardian, and Hillhouse Investment. Blackstone bought Clarion in 2017 for £600m with
sources believing it could fetch an asking price of around 12x EBITDA.
and establishing its own operational rules. It can approve new forms of gambling, develop Terms of Reference for tenders, and award licences based on specific technical requirements. Additionally, Conajzar can request assistance
from the DNIT for oversight tasks, impose penalties, resolve appeals from operators, and carry out other functions as mandated by law. However, the approval of the Executive Power is required for the awarding of national gambling licences.
Another key feature of the decree is the
implementing the regulatory framework governing gambling activities in the country. Conajzar will have several key powers,
including authorising the operation of gambling activities, issuing regulations at various levels,
contributor to the market’s growth, accounting for 43 per cent of it. Online horse betting, for its part, is up slightly by nearly one per cent and poker has posted a decline in its GGR of two per cent, after growing continuously between 2021 and 2023. While the market shows no signs of slowing
down, 2025 is shaping up to be a risky year from the point of view of the intensification of gaming practices that could result from maintaining high advertising pressure and the continuation of cross- selling actions on newly acquired players. In addition, the renewed competitive tensions between the major operators that dominate the
establishment of the General Directorate of Gambling, which will serve as a technical body tasked with implementing and enforcing policies, regulations, and controls for the operation of regulated gambling activities.
market tend to accentuate these risks by increasing the demands of players. Changes to the taxation of gambling decided as
part of the PLFSS, which will come into force on 1 July, could have an impact on the online market’s activity . In particular, a new tax of 15 per cent of the commercial communications expenses of online sports betting operators will have an impact on the real amount of investments made in the second half of the year. In addition, the opening of the monetisable digital object (JONUM) games market will have to be followed, an experiment that’s expected to begin in September.
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