Brazil could soon invite sports betting operators to apply for online gambling licences in the country.

Rio de Janeiro Source: Wikipedia

Brazil’s interim president Michel Temer wants to launch a state-owned online sports betting operator that would then be privatised with the Caixa Economica federal bank’s lottery for a total of US$2bn, according to Brazilian media.

Mansueto Almeida, Brazil’s secretary for economic affairs, wants foreign operators to partner with national investors to compete for the gambling business.

Source: Fantini's Gaming Report