Brazil’s state-owned bank Caixa Econômica Federal is gearing up to launch its own sports betting platform by the end of November, jumping into the regulated gambling market with three new brands: Betcaixa, Megabet, and Xbet Caixa. This move marks the bank’s first venture into online gaming and fixed-odds sports betting—territory long dominated by private operators. […]
Brazil
BetConstruct links up with Oddsgate for a Brazil-ready platform with 24/7 Portuguese support
BetConstruct and Oddsgate unveiled a new partnership at the Harmony YoFuture event in São Paulo on 25 September. Oddsgate, headquartered in Portugal with a growing Brazilian presence, became the first platform to join Brazil’s National Association of Gaming and Lotteries in August. The timing aligns with Brazil’s market moving from fast expansion to tighter oversight. […]
Flutter Secures Majority Stake in Brazil’s Betnacional Operator NSX with $350M Deal
Flutter Entertainment has completed its acquisition of a 56% stake in NSX Group, the Brazilian operator behind the fast-growing Betnacional brand. The agreement, first announced in September 2024, includes a cash payment of R$1.961 billion (approximately US$350 million) and the integration of Flutter’s existing Betfair Brazil operation into the newly merged business, now branded Flutter […]
Amusnet Ups the Ante with Golden Coins Link Jackpot System and Bold Entry into Brazil via EstrelaBet
Amusnet is making big moves on two fronts—launching a new jackpot system, Golden Coins Link, and establishing a major presence in Brazil through a fresh partnership with top-tier operator EstrelaBet. Golden Coins Link: More Jackpots, More Often The Golden Coins Link jackpot system introduces a faster-paced, more engaging experience across five of Amusnet’s most-played slots. […]
Update on Brazil’s Betting Industry Expansion
The Brazilian Ministry of Finance, through its Prizes and Betting Secretariat (SPA), has announced in the Official Gazette of the Union a significant expansion for the betting industry. Effective from February 12, a total of 37 betting companies have been awarded permanent licenses to operate until December 31, 2029. This significant regulatory shift, marking a […]
Brazil’s New Betting Era: Aposta Ganha and Betby Lead the Charge
Pioneering the Regulated Market On 1 January 2025, Brazil officially launched its regulated sports betting and gaming market, marking a new chapter in the nation’s gambling industry. Among the first to meet the stringent standards of the Secretariat of Prizes and Betting (SPA) under the Ministry of Finance are Grupo Aposta Ganha, a leading operator, […]
Brazil’s Betting Market: A New Chapter Begins in 2025
Brazil is gearing up for a seismic shift in its online gaming and sports betting industry. The Ministry of Finance has announced the official list of 81 licensed operators ready to launch under a new regulatory framework starting January 1, 2025. This marks a pivotal moment as the country formalises its burgeoning betting market. The […]
Brazil’s Gambling Revolution: Regulation, Licensing, and Tackling Addiction
As Brazil prepares for the launch of its regulated betting market on January 1, 2025, the government has implemented pivotal measures to transform the gambling landscape. The approval of 71 federal licenses for online betting operators and the establishment of a dedicated task force to address gambling-related issues demonstrate a focus on economic development alongside […]
Brazil’s Bold Move: Over 5,000 Gambling Sites Blocked Ahead of 2025 Market Launch
Sweeping Crackdown Targets Illegal Operators In a decisive move to prepare for the launch of its regulated gambling market in January 2025, Brazil has blocked an additional 1,812 illegal gambling websites, pushing the total number to over 5,200. The Ministry of Finance, spearheaded by its Secretariat of Prizes and Bets (SPA), is leading the charge […]
Brazilian Senate Considers Bill to Ban Online Gambling, Limit Betting to Physical Locations
New Legislative Push to Restrict Online Betting On October 21, 2024, Brazilian Senator Sérgio Petecão (PSD-AC) introduced Bill PL 4.031/2024, proposing a nationwide ban on online gambling and sports betting in Brazil. If passed, the bill would restrict all forms of betting to physical locations where bettors can purchase printed tickets. This would maintain the […]
