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.
Stay ahead of the game in the licensed betting world – get the latest insights at LicensedBettingSites.com.