Sports bets were legalized in Brazil in 2024 but never regulated. Since then, dozens of betting firms, 🍌 including bet365, Betano and Betfair, have been aggressively expanding in the country. Our Standards: The Thomson Reuters Trust Principles.
For example, Bet365 was taken to court for refusing to pay over 1 million in winnings to a horse 🍌 bettor in Northern Ireland in 2024. The company refused a payout of 54,000 to a customer in England in 2024, 🍌 a case which was still ongoing in 2024.