News
September/October 2026
Brazilian lawmaker proposes ban Prediction Markets
Brazilian lawmaker, Rodrigo Rollemberg, has introduced legislation that would effectively ban fixed-odds betting, including overseas operations. Bill 2,972/26 would prohibit the offering, advertising and processing of betting transactions and revoke Brazil’s existing regulatory framework. Penalties would include fines ranging from R$50,000 to R$2bn. Rollemberg argues betting’s social and economic costs outweigh its tax contribution. More than 25.2m Brazilians used betting platforms in 2025, while 217,000 requested self-exclusion. Te bill must pass several Chamber committees before potentially progressing to the Senate.
Cirsa to merge into Lottomatica Legislation
Lottomatica Group and CIRSA Enterprises have agreed an all-share merger that will create what the companies describe as the world’s second-largest listed gaming and sports betting operator, with pro forma Adjusted EBITDA of €2bn. Under the proposed combination, CIRSA
will be absorbed into Lottomatica, which will remain the surviving entity, headquartered in Rome with a secondary headquarters in Barcelona. Te enlarged group will hold number-one positions in Italy and Spain alongside leading positions across several international markets. CIRSA shareholders will receive 0.668
newly issued Lottomatica shares for each CIRSA share, giving existing Lottomatica shareholders approximately 67.5 per cent of the combined business and CIRSA shareholders 32.5 per cent. Blackstone, CIRSA’s largest shareholder, is expected to hold
Polymarket expand sports access Sports Betting
Sportradar and Polymarket have expanded their US partnership, broadening the prediction market platform’s access to sports data, live content and integrity services. Te agreement adds competitions including the Bundesliga, Euroleague Basketball, Chinese Basketball Association, National Basketball League, tennis Grand Slams and UTR Pro events. Sportradar will also provide exclusive live streaming for competitions including the Bundesliga and Euroleague, allowing users to watch action alongside the markets they trade.
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approximately 24 per cent. Te companies anticipate €115m in annual pre-tax cash synergies from operating and interest cost savings by the third full year following completion. Te combination is also expected to accelerate CIRSA’s online expansion by leveraging Lottomatica’s digital and omnichannel capabilities. Guglielmo Angelozzi will serve as Chairman and CEO of the combined company, with Laurence Van Lancker as Deputy CEO and CFO. Blackstone will nominate two directors to the 13-member board. CIRSA will distribute a €262m
extraordinary dividend before completion, while Lottomatica intends to propose a €744m capital return following the merger. Te enlarged group anticipates up to €4bn in capital returns over the following three years. Te transaction remains subject to
shareholder and regulatory approvals, including antitrust and gaming clearances. Completion is expected in the second quarter of 2027.
Te expansion builds on existing coverage of
the ATP Tour, MLB, NHL, MLS and UFC. Sportradar will supply data and live odds for pre-game and in-play markets, audiovisual content, scores, schedules and visualisations, alongside marketing and customer acquisition services. Integrity support will include Sportradar UFDS AI, which detects suspicious activity, and the Sportradar Integrity Exchange for sharing information on potential threats. Sportradar CEO Carsten Koerl described
prediction markets as a “compelling adjacent growth opportunity,” highlighting the importance of accurate real-time data, live content and integrity systems.
HIT Group reopened its Slovenian casinos after restoring information systems affected by a cyberattack in late August. Te operator detected the incident during the night of August 24-25, forcing the closure of Perla, Park, Casino Drive-in, Mond, Korona and Casino Fontana, while its hotels continued with limited services. Specialist teams launched a forensic investigation and worked with external cybersecurity experts to restore systems. HIT also notified relevant government institutions. By August 28, the company had established the technical conditions required to begin reopening its casinos. Subsidiaries Casino Larix and HIT Alpinea operated normally throughout the disruption.
Chile tender leaves investors cold Legislation
Chile’s Superintendencia de Casinos de Juego (SCJ) has concluded its latest licensing round with qualifying bids for only two of five casino concessions. Iquique and Viña del Mar attracted no offers, while both Puerto Varas bidders were disqualified, leaving Pucón and Coquimbo as the only active processes. Casino Volcán Pucón submitted the sole bid for
Pucón, led by former Enjoy executives Andrés Raggio and Gonzalo Grob. Its proposal focuses on continuity, retaining the existing workforce and location while renovating events facilities. Puerto Varas attracted bids from Corporación Meier and incumbent Dreams, but both were rejected over documentation and tax- compliance issues. Te SCJ will now restart the process. Both companies criticised the decision, with Dreams highlighting that five of seven licensing processes resolved in 2026 have ended without an operator being selected, raising concerns about Chile’s casino concession system.
HIT Group suffers cyberattack Operator News
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