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.
Brazil's Workers' Party has filed a bill to ban all forms of gambling, testing the durability of the system...
SPRIBE announced a Brazilian court has ordered NSX Brasil to immediately cease use of the Aviator trademark.
The statement marks a sharp escalation from Lula's March 2026 remarks, when he focused his criticism on online casino...
The SPA puts up to 70% of bets in the legal market, yet industry groups say piracy still accounts...
Kambi Group expects the 2026 FIFA World Cup to generate an additional €5m in revenue and plans to run...
This number is clearly showing the market's rapid maturation even as the figure declined from the exceptional level recorded...
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