Online gambling is currently at the forefront of digital entertainment thanks to factors such as the rapid growth of streaming, gamification, and mobile access.

Online betting on games of chance, lotteries, horse racing, and more is the new trend in digital leisure, offering interactive formats and immediate rewards.

This trend is further fueled by new “live-streaming platforms” that have changed how users engage with digital entertainment. As a result, “the online gaming sector has begun to occupy a significant space with these audiences, with content focused on live-experiences, product reviews, and gameplay demonstrations.”

Mobile connectivity plays a key role in this dynamic. “Native apps have positioned the smartphone as the primary gateway to online gaming. Most of the sector’s traffic and transactions are now conducted via mobile devices, a structural shift that is influencing technology investment decisions and the development of new formats.”

The sector highlights familiar aspects of social media, such as immediacy and personalized, real-time experiences. In short, the smartphone is “at the heart of digital consumption, and online gaming is no exception.”

M.Pino

Source: bolsamania

(Reference image source: Brian J. Tromp on Unsplash)                  

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Brazil could impose taxes on certain electronic transactions and online gambling in its next tax reform scheduled for mid-year.

This Monday, the Minister of Finance of Brazil, Fernando Haddad, indicated that until now these activities are exempt from the payment of tariffs in Brazil. However, for Haddad this could be considered illegal.

In an interview with the local media Globonews, he stressed that according to estimates by the Ministry of Finance, “the application of taxes to these sectors (…) could mean a collection of about 15,000 million reais (3,000 million dollars) a year.”

The minister also referred to another initiative that will be submitted to the legislative chambers this week, aimed at easing the rigid rules in force since 2016 and that “limit the annual increase in public spending to the inflation registered in the previous year.”

Brazil is working on a reform to bring the state deficit to 0.5 % of GDP, bring it to zero next year, and in 2025 turn it into a surplus of 0.5 %.

M.Pino

Source: finanzasdigital

(Reference image source: Jonathan Petersson, Unsplash)

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