Betfair reaffirms its commitment to the betting market in Brazil. On August 13, 2024, the company confirmed that it had already requested the license, meeting the requirements required for betting regulation.
This step marks a crucial moment in a journey shared over the years with Brazilian customers and sports enthusiasts.
Therefore, the company also confirms that it will continue to offer betting services on the Betfair Sports, Betfair Exchange and Betfair Casino platforms.
Kimberley Daly, Managing Director of Betfair International, said: “We are very excited about this new chapter in the Brazilian market and are optimistic about the future of the betting industry in Brazil.”
Betfair has established a strong relationship with the country and continues to develop products and offers. In addition to policies and experiences that put our customers at the center of everything we do.
We are also proud of our significant efforts as a founding member of the Brazilian Institute of Responsible Gaming (IBJR), which helps shape the development of robust and modern regulation aligned with global best practices.”
About Betfair
One of the largest online sports betting providers in the world, Betfair is an official sponsor of the Cruzeiro and Vasco da Gama teams. Founded in London in 2000, the company was a pioneer in offering peer-to-peer betting (Betfair Exchange).
The company currently manages a full suite of sports betting, entertainment events and online gaming products for more than four million customers. Therefore, everyone over 18 years old, all over the world.
With its advanced technology, the platform offers a vast catalog of products, allowing users to bet with both their own odds and odds offered by other users.
Finally, the betting company is licensed to operate online betting and other games in 19 countries, including Spain, Italy, Malta and Great Britain.
