Brazil’s regulated betting market continues to consolidate as operators race to secure scale in the world’s fifth-largest betting market.
Esportes da Sorte, a subsidiary of Esportes Gaming Brasil, is set to acquire Apostou.com, pending review by Brazil’s Administrative Council for Economic Defense (CADE) under Public Notice No. 464. This move highlights the ongoing trend of M&A activities in Brazil's betting sector, as companies strive to establish a stronger presence in the lucrative market.
