Legal Sports Betting Brief: Peru, South Korea, Brazil, Africa

Every month, Brazilians spend up to R$30 billion on betting, according to data from the Central Bank. They are everywhere: in football, on public transport, at cultural events, in songs that go viral on TikTok, in the speeches of digital influencers and even in the invasive SMS messages that arrive on cell phones non-stop. Behind the countless promises of quick and easy money, bombarded by colorful advertisements and social media, there is a bil…

Legal Sports Betting Brief: Peru, South Korea, Brazil, Africa

From regulation and tax shifts in Peru to betting’s digital dominance in Africa, the global sports wagering landscape is evolving fast. While some nations expand and embrace the market, others like South Korea are scrambling to manage their risks. LIMA – While we normally focus on legal sports betting brief on America, developments outside the United States bring the attention this week. From regulatory expansion in Peru to rising concerns over …