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Brazil Opens Its Regulated iGaming and Sportsbook Market

06 january 2025
Author: James Burton

Since January 1st, 2025, sports wagering and casino websites have been operating in Brazil. Legalising the web gambling segment took 6 years. This economic achievement is one of the most significant in the country’s history.

About the Participants of the New Market

Gambling business in Brazil: official launch

Initially, 66 companies received permission to work in the state:

  • 14 brands with 30 portals became owners of permanent licences for half a decade;
  • 52 operators were issued temporary certificates for 60 days to resolve some issues.

In total, applicants have already contributed R$ 2,010 million (about $ 325 million) to the federal treasury.

The Ministry of Finance’s representatives emphasise the importance of this achievement for the country. They admit that studios entering the sphere undergo a rigorous selection process to confirm compliance with financial and tech demands. This thorough checkup guarantees the transparency and reliability of the newly regulated jurisdiction.

Several popular niche brands have not confirmed receiving permits. Among them:

  • PixBet;
  • BetMotion;
  • SportsBet.io (the firm is about to close its business in Brazil).

A2FBR LTDA has received 2 certificates at once to run 6 sportsbook platforms across the state. One of the permanent licences from the SPA authority was secured by a major regional group, KTO. Its CEO noted that from the very beginning, the company had a clear and precise goal: to become one of the 1st official operators in the country.

In Andreas Bardun's opinion, the permanent document for working in the Brazilian gambling market is the best reflection of the team’s diligent effort and dedication. Now, the expert added, the audience has access to the finest certified products.

Caesars' regional licensee, Big Brazil, has received a temporary permit. Its CEO mentioned that the corporation aims to provide customers with the safest experience possible and ensure adherence to all regulatory standards.

According to André Feldman's statement, his brand is a leader in creating projects with reliable infrastructure. The team acts responsibly and transparently to provide residents with the best gaming journeys.

Local Gambling Industry’s Formation: History

The first step towards legalising the market was the President’s decision to regulate the vertical. A couple of years have passed since the adoption of Law 13,756/18 in preparation for the official launch. Initially, the resolution was criticised by various social groups, including government representatives.

The document’s supporters relied on revenue gain and access to new tools to combat the shadow segment. Since 2018, the absence of relevant legislation has led to the emergence of many uncertified platforms.

The main regulatory measures that came into force in January 2025:

  • strict control of financial flows;
  • a ban on the use of credits for bets;
  • total prohibition of bonuses for registration;
  • obligatory user identification via CPF and facial recognition.

A fixed tax, 12% of GGR, has been established for the market’s commercial representatives. A list of extra deductions was also presented. The total fee rate reaches 36%.

Niche brands are required to comply with several rules related to fraud prevention, responsible practices, and guarantees of financial security. The local regulator stated that advanced monitoring tools will be used to control payment transactions strictly. Players' wins go with a 15% commission if their amount exceeds R$ 2,824.

Failure to comply with the established rules will result in the revocation of companies' licences. Additionally, businesses will lose the opportunity to promote themselves in the country in any way, including direct ads and sponsorship.

Regis Dudena’s Comments

SPA and Brazilian gambling: comments

The SPA’s Secretary stated that Brazil is taking a fundamental step towards solving global issues related to the gambling segment. Granting the 1st permits is the initial stage on the way to the sector’s complete transformation and the creation of a sustainable, transparent business realm under full state control.

Mr Dudena is enthusiastic about the vertical beginning this year with a clear vision of the rules and mechanisms for their enforcement.

At the Casino Market studio, you can learn more about key iGaming events and order the creation of a turnkey gambling platform.

Feel free to contact our managers to negotiate the details of fruitful cooperation and receive extra information on business matters.

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