The Ministry of Treasury has already received 23 requests from sports betting and online gaming companies interested in obtaining a license to operate legally in Brazil.
With the deadline approaching on August 20th, these bookmakers are racing against time to guarantee their operations from January 1st, 2025.
Ministry of Finance at the center of the entire process
The Betting Management System (Sigap) registered only five companies until last month. But with the deadline approaching, 17 new companies applied for authorization in August, including Betano, Superbet and Betfair.
According to the rules of the National Congress, these companies must:
- Pay a fixed grant of R$30 million
- Allocate 12% of betting revenue to public coffers
The regulation aims to formalize the online betting market, guaranteeing significant revenue for the government and job creation.
The sports betting sector has grown rapidly since legalization in December 2018, reflecting its importance to the national economy. So, the Treasury is managing requests, ensuring that companies comply with legal requirements to operate in the country.
It is worth noting that the first licenses should be announced later this year, allowing companies to enter into compliance with Brazilian standards in 2025.
Complete list of bookmakers
Therefore, the sector expects consolidation soon, with big names in the market guaranteeing their presence in Brazil. Meanwhile, other companies still have a chance to regularize in this first window, although without a guarantee of immediate approval.
Therefore, below is the list of all betting houses that have requested licensing up to this point and the respective dates for sending the necessary documentation:
- BET WIN LOTERIAS LTDA – 08/14/2024
- APOLLO OPERATIONS LTDA. – 05/08/2024
- BETFAIR BRASIL LTDA – 13/08/2024
- BIG BRAZIL TECNOLOGIA E LOTERIA S.A. – 26/07/2024
- BLAC JOGOS LTDA – 12/08/2024
- EB INTERMEDIAÇÕES E JOGOS S/A – 12/08/2024
- F12 DO BRASIL JOGOS ELETRÔNICOS LTDA. – 07/08/2024
- FUTURAS APOSTAS LTDA – 14/08/2024
- GALERA GAMING JOGOS ELETRÔNICOS S.A. – 06/08/2024
- GAMEWIZ BRASIL LTDA – 14/08/2024
- HIPER BET TECNOLOGIA LTDA – 13/08/2024
- HS DO BRASIL LTDA. – 14/08/2024
- KAIZEN GAMING BRASIL LTDA. – 26/05/2024
- MMD TECNOLOGIA, ENTRETENIMENTO E MARKETING LTDA. – 19/07/2024
- NSX BRASIL S.A. – 01/08/2024
- NVBT GAMING LTDA. – 13/08/2024
- OIG GAMING BRAZIL LTDA – 13/08/2024
- REALS BRASIL LTDA. – 13/08/2024
- SEGURO BET LTDA. – 14/08/2024
- SIMULCASTING BRASIL SOM E IMAGEM S/A – 06/08/2024
- SPRBTBR LTDA – 11/07/2024
- SORENTO BAY LTDA – 15/08/2024
- VENTMEAR BRASIL S.A. – 25/07/2024
