Episode 21: The next step for Brazil

On the 21st episode of the World Series of Politics, hosts Brandt Iden and Brendan Bussmann are joined by Neil Montgomery, founding and managing partner at Montgomery & Associados and Hugo Baungartner, VP for global markets at Aposta Ganha to take an intercontinental deep dive into Brazil.

But before heading over to LatAm, our hosts discuss the progress made in Florida since episode 20 was released. In the weeks since, West Flagler filed an en banc rehearing. Instead of dismissing this petition, the court has asked the Seminoles for a response - which is due on 31 August.

Looking at Brazil, the country regulated sports betting in July after president Luiz Inácio Lula da Silva signed the Provisional Measure. This officially implemented the sports betting regulations that had been approved in Law No 13,756 in 2018.

But the regulations included a few “surprises”, says Montgomery, including heightened GGR tax, more marketing restrictions and an increased licence fee.