Esportes da Sorte and OnaBet Secure Loterj Licenses Amidst Regulatory Scrutiny

Esportes da Sorte and OnaBet have been granted authorization by Loterj to operate under a five-year license, marking a significant step for the betting platforms in the Brazilian market. This approval, granted this Monday, signifies that Loterj has reviewed and validated the companies’ compliance with established legal and regulatory standards.

However, the Esportes da Sorte Group is still awaiting a crucial decision from the Prizes and Betting Secretariat (SPA) of the Ministry of Finance regarding their license request. The Group has appealed to the SPA, asserting that they have diligently followed all necessary legal and regulatory procedures. They remain optimistic about receiving a favorable outcome.

In a strategic move, Esportes da Sorte Group previously acquired a majority stake in ST Soft Desenvolvimento de Programas de Computadores Ltda, the company behind the Apostou.com brand, which already held a Loterj license. This acquisition led to a comprehensive review of all documentation by Loterj. As a result, ST Soft requested the replacement of its existing domain (rj.apostou.com) with the new domains esportesdasorte.com and onabet.com.

Loterj’s thorough review confirmed that the company met all legal requirements, including legal capacity, fiscal and labor regularity, economic and financial qualification, technical qualifications, and the required certificates of good standing. This rigorous process underscores Loterj’s commitment to ensuring a fair and transparent betting environment.

Following Loterj’s approval, the agency notified the Prizes and Betting Secretariat of the licensing. However, the SPA has yet to update its official list of authorized “Bets,” as operators are known in Brazil, to reflect these recent approvals.

The Esportes da Sorte Group has publicly reaffirmed its dedication to responsible gambling, sector regulation, and the creation of a trustworthy and legal market that prioritizes the interests of bettors. This commitment is central to their operational philosophy.

On Monday evening, Esportes da Sorte announced its operational authorization, validated by Loterj, via its social media channels, further solidifying its position in the market.

Brands Licensed by Loterj:

The updated list of brands licensed by Loterj includes:

• bestbet.com.br
• betvip.com
• caesarsports.com.br
• esportesdasorte.com
• ganhabet.com
• lotolegal.com
• marjosports.com.br
• onabet.com
• pixbet.com
• pixhora.com
• riojogos.com
• vaidebet.com

Esportes da Sorte Statement:

“The Esportes da Sorte Group has received confirmed and validated operational authorization from Loterj, securing the regulatory body’s approval for an initial five-year period. In addition, it seeks the SPA/MF license and expects a decision on this request in the coming days after an administrative appeal, given the strict adherence to all legal and regulatory procedures established by law and its respective decrees. The Esportes da Sorte Group reaffirms its commitment to sector regulation and responsible gambling, advocating for a legal and trustworthy market to protect bettors’ interests and ensuring a serious and transparent industry.”

Esportes da Sorte Group

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