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.
International bettors on Betano favour Norway to qualify over England in the World Cup quarter-final, new Kaizen Gaming data...
Playtech expects full-year adjusted EBITDA of at least €270 million, above analyst consensus, driven by US and Latin American...
Superbet is refunding every outright bet on Brazil to win the World Cup after their round of 16 exit.
Esportes da Sorte is acquiring BETBR Loterias, owner of Apostou, B1BET and BRBET, in a deal notified to Brazil's...
Brazil's gambling regulator has rejected Betano's plan to add social sharing tools, citing an existing ban on such features.
Brazil freezes unauthorized operator funds, Alberta bans bonus ads, and the UK Gambling Commission loses its second senior leader...
Stay informed with Headlines, our weekly briefing for industry leaders who want fast, accurate and relevant iGaming intelligence.
Subscribe
