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.
BGaming has collaborated with Brazilian streamer Jon Vlogs for a Christmas charity initiative supporting Instituto Garra, a Brazil-based social...
Stake has appointed Iker Casillas as global ambassador, positioning the former Spain captain at the centre of its marketing...
Brazil's regulated betting sector faces another taxation challenge after the Federal Senate unanimously approved a 15% tax on customer...
Altenar has expanded its Brazilian footprint through a partnership with licensed sports betting operator Brasil da Sorte, owned by...
Brazil's national gambling self-exclusion system has officially launched, enabling players to voluntarily block themselves from sports betting and gaming...
Flutter Brazil has announced a leadership restructure that sees João Studart transition from CEO to executive chairman. Eduardo Monte...
Stay informed with Headlines, our weekly briefing for industry leaders who want fast, accurate and relevant iGaming intelligence.
Subscribe
