Brazil Grants Licenses to Six Betting Companies

The Secretary of Prizes and Betting, Regis Dudena, has signed ordinances authorizing six companies to operate fixed-odds lottery modalities in Brazil. These authorizations are based on Law No. 13,756/2018 and Law No. 14,790/2023, and follow the guidelines issued by the Secretariat of Prizes and Bets.

Details of the Authorized Companies

Here’s a breakdown of the companies and their respective licenses:

• BIG BRAZIL TECNOLOGIA E LOTERIA S.A.
  • Brands: CAESARS
  • Segments: Sports theme and online games
  • Modalities: Physical and virtual
  • Authorization Validity: 12/31/2029
• SIMULCASTING BRASIL SOM E IMAGEM S.A.
  • Brands: BETSSON
  • Segments: Sports theme and online games
  • Modalities: Virtual
  • Authorization Validity: 12/31/2029
• REALS BRASIL LTDA
  • Brands: REALS, UX and NETPIX
  • Segments: Sports theme and online games
  • Modalities: Physical and virtual
  • Authorization Validity: 12/31/2029
• BETBR LOTERIAS LTDA
  • Brands: APOSTOU, B1 BET and BRBET
  • Segments: Sports theme and online games
  • Modalities: Physical and virtual
  • Authorization Validity: 12/31/2029
• SKILL ON NET LTDA
  • Brands: BACANAPLAY and PLAYUZU
  • Segments: Virtual online gaming events
  • Modalities: Virtual
  • Authorization Validity: 12/31/2029
• SABIA ADMINISTRAÇÃO LTDA
  • Brands: BR4BET, GOL DE BET and LOTOGREEN
  • Segments: Sports theme and online games
  • Modalities: Physical and virtual
  • Authorization Validity: 02/25/2030

These ordinances mark a significant step in the regulation of the fixed-odds lottery market in Brazil, providing a framework for both physical and virtual betting operations.