The Brazilian sports betting platform, BETesporte, paid, on Thursday (5), R$30 million related to the license fee. This payment is a crucial step in the process to secure the operating license in Brazil.
The company is strictly complying with all the requirements of the new sector legislation, which will come into full force in 2025.
To obtain the necessary authorization, companies must meet several requirements, including implementing security systems against fraud and money laundering.
They also need to demonstrate technical experience in the sector and have minimum share capital. Furthermore, it is imperative to comply with the General Data Protection Law (LGPD) and offer customer service channels.
Vinicius Nogueira, CEO of BETesporte, highlights: “BETesporte is among the pioneers in the betting sector in Brazil, always defending fair and responsible gaming.
Our objective is to offer the best service to all bettors and the payment of the grant reinforces that we are committed to the regulations proposed by the Federal Government.
It is important to have this agility and correctly follow the legal guidelines, because this shows that we have acted seriously and transparently”.
In addition to advancing the regulatory process, BETesporte maintains a significant presence in the Brazilian market through sponsorships. The company has already signed partnerships with teams such as Goiás, Vila Nova, Ypiranga, Aparecidense and Caxias do Sul.
About BETesporte
BETesporte is a Brazilian sports betting platform that stands out on the national scene for its dedication to fair and responsible gambling.
Therefore, the company has strictly followed the requirements of Brazilian legislation to ensure its legal operation in the country. Furthermore, the company aims to provide a safe and reliable experience for bettors.
Finally, BETesporte invests significantly in sports sponsorships, collaborating with teams from different sports to strengthen the brand and promote the sport.
