Online sports betting and casino games became legal on January 1, 2025, under Law No. 14,790/2023. The Secretariat of Prizes and Bets (SPA) under the Ministry of Finance regulates the market and issues federal licenses.
Over 80 operators now hold federal licenses. Operators must be incorporated in Brazil with at least 20% Brazilian ownership, pay BRL 30 million for a five-year license, and comply with strict AML/KYC requirements including facial recognition.
Challenges persist: 41-51% of the market remains illegal, with authorities blocking over 18,000 unlicensed sites in 2025. Proposed tax increases for 2026-2028 include raising GGR tax to 13% (2026), 14% (2027), and 15% (2028). A controversial 15% deposit tax (CIDE-Bets) faces Senate vote in early 2026.
Follow federal licensing developments, state vs. federal jurisdiction disputes, illegal operator enforcement, tax legislation (CIDE-Bets), advertising restrictions, and market consolidation trends.
Tiger brings gamified bonus functionality, innovative features, and an expanded BetBuilder+ offering to the Brazilian market.
Federal authorities collected approximately R$9.95bn in betting taxes throughout 2025.
Matchbook has entered the Brazilian market through a technology partnership with FIRST – Best in Sports, launching a locally-focused...
Brazil's R$1.09bn Mega da Virada lottery delayed after Caixa systems struggled with record 120,000 bets per second on 31...
SPRIBE has expanded its UFC partnership roster by appointing Brazilian heavyweight Valter "The Clean Monster" Walker as a brand...
Esportes da Sorte will serve as the official sponsor of New Year's Eve celebrations in four Brazilian state capitals...
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