Ep 708: Road to Rio: Are Prediction Markets Ready for Brazil?

In today’s episode of iGaming Daily, we launch a brand-new Road to Rio series, inviting guest speakers who will be taking to the stage at our upcoming SBC Summit Rio.

In our first episode, SBC Media Manager Fernando Noodt is joined by SBC researcher Ana Maria Menezes and special guest Hugo Baungartner, Chief Business Officer at Grupo Esportes Gaming Brasil, who will be speaking on the panel The Tax Game: Who Plays, Pays, as the trio discuss whether Brazil’s newly regulated market is ready for prediction markets and who should really be calling the shots.

Tune in to today’s episode to find out:

• Why Brazil’s stock exchange (B3) is eyeing prediction markets as early as March or April
• Whether prediction markets belong under betting regulation or financial oversight
• How recent court rulings could limit regulators from overstepping their authority
• The critical role of Pix, banks, and the Central Bank in enabling or blocking new verticals
• Why operators are taking a cautious “wait and see” approach before entering Brazil

Don’t forget to catch Hugo at:

The Tax Game: Who Plays, Pays
Stage 1 – Leadership

Launched at 12% GGR under Law 14.790/2023, Brazil’s market is already testing the resilience of operators. With R$30 million licence fees, shifting SPA ordinances, and whispers of higher or even retroactive taxes, the pressure is mounting. In a landscape that changes by the week, clarity is power: know the rules, read the moves, and stay two steps ahead to weather the next regulatory shake-up.

Get tickets now !!!

Host: Fernando Noodt
Guests: Ana Maria Menezes & Hugo Baungartner
Producer: Anaya McDonald
Editor: Anaya McDonald

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