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.
Stake, title sponsor of the Stake F1 Team KICK Sauber, redefined the boundaries of sports sponsorship during the recent Formula...
Brazil’s Secretariat of Prizes and Betting (SPA) is set to launch a centralised self-exclusion platform and introduce mandatory betting...
Leading Brazilian iGaming company Esportes da Sorte has transformed its customer service operation into a strategic pillar of its...
Brazil’s state-owned Caixa Econômica Federal prepares to enter the regulated betting market with a planned platform launch by late...
Brazil's Chamber of Deputies has withdrawn Provisional Measure 1,303/2025, effectively blocking the government's plan to increase the tax on...
Oddin.gg, a leading provider of esports betting solutions, has certified its iFrame solution with Gaming Laboratories International (GLI®) to...
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