A LSports, a leading global provider of real-time sports data, sees Brazil as a significant giant poised to rapidly evolve into a regulated sports betting market with immense growth potential for industry players. In addition to presenting chronological data, from the enactment of Law 13,756 in 2018 to the sanctioned, vetoed regulation of sports betting, LSports' report highlights key aspects of the new law. These include licensing fees (R$30 million for a five-year license) and a direct tax on the activity, set at 12% of the Gross Gaming Revenue (GGR) for betting houses.
LSports also notes a 15% tax on the bettor's winnings, subject to changes based on the analysis of presidential vetoes, as well as legal aspects such as the requirement for sportsbooks to maintain a physical presence in Brazil with a local partner holding at least 20% of the shareholding.
In the report, LSports identifies major sports betting operators currently active in Brazil, naming bet365, Parimatch, Betfair, Betway, Pixbet, Esportes da Sorte, F12.bet, Betano, 1XBET, Betnacional, Betsson, Rivalo, Pinnacle, and Sportingbet. The real-time sports data provider highlights the country's most popular sports, including football, basketball, eSports, MMA, volleyball, boxing, American football, tennis, Formula 1, and horse racing.
LSports asserts in the document that "data forms the foundation upon which every successful sportsbook is built, and choosing the right data provider can make a significant difference." The report outlines general and more specific factors to consider when selecting a data provider in the Brazilian market post-regulation. These factors include:
* Experience and reputation
* Data sources and accuracy
* Speed
* Coverage
* Official presence in Brazil
* Integration and customization through a robust API for products and service
* Technological innovation
* Exclusive data rights
* Efficient customer support
In the report, LSports positions itself as a leading global provider of sports data, offering cutting-edge solutions to empower betting houses with a competitive advantage. Using advanced technology, the company gathers information from over 100 live sources, generating a reliable database delivered with lightning speed and providing the most comprehensive coverage of sporting events and betting markets.
The company emphasizes that Brazil has long been a primary focus in LSports' long-term strategy, with a significant allocation of attention and resources. LSports maintains an established official presence in Brazil, with dedicated representatives offering full support to betting houses in sales, customer service, and customer success.
Recently, LSports signed a 10-year data rights contract with the Brazilian Basketball Confederation (CBB) and holds the official rights to the NBB, the top professional men's basketball league in Brazil. The company's market experience has fostered partnerships with prominent betting houses in Brazil, and all its products are fully localized for Brazilian users.
"Considering expansion into Brazil? We offer a free consultation for betting houses. Leave us your details, and an LSports expert will get in touch with you!" invites the company. In conclusion, LSports presents its key credentials to establish itself as the ideal partner for betting houses interested in the Brazilian market:
* Official presence in Brazil
* 24/7 customer support
* Customized products for specific needs, preferences, and cultural context
* Partnerships with leading betting houses in the Brazilian market
* Extensive coverage of all local sporting events
* Data rights for NBB (Novo Basquete Brasil)
* Data rights for CBB (Brazilian Basketball Confederation)
The complete LSports report on the Brazilian market can be downloaded here
Source: GMB
