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
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 […]
Brazil’s Shift in Gambling Policy: Impact on the Online Gambling Market
As Brazil moves closer to fully regulating its gambling market, the government is introducing significant changes to how online gambling and sports betting are managed. Under President Lula’s administration, these changes are aimed at addressing social concerns, financial oversight, and illegal operations. The effects of these reforms will shape the country’s growing gambling industry, which […]
Game On: Brazil’s Betting Bonanza Beckons MGM and Globo
MGM Resorts International is sashaying into Brazil’s sizzling sports betting scene in a move that’s turning heads faster than a Carnival parade. But they’re not doing it alone – they’ve got Grupo Globo, Latin America’s media maestro, as their dance partner. Together, they’re eyeing a prize bigger than the Christ the Redeemer statue: a coveted […]
