BPX Bets Receives Provisional Authorization to Operate Fixed-Odds Lottery Betting
BPX Bets has been granted provisional authorization to operate fixed-odds lottery betting in Brazil, according to Ordinance SPA/MF Nº 668, dated March 28, 2025. The decision takes into account a favorable ruling the company received in Federal Court lawsuit No. 1005404-58.2025.4.01.3400.
Ordinance Details
The ordinance, issued by the Secretary of Prizes and Betting of the Ministry of Finance, authorizes BPX Bets Sports Group LTDA to explore the fixed-odds lottery betting modality. The authorization is effective from January 1, 2025, and is based on the aforementioned court decision.
Key Information About BPX Bets:
- Corporate Name: BPX BETS SPORTS GROUP LTDA
- CNPJ (Brazilian Business Registration Number): No. 55,590,815/0001-60
- Trademarks: VAIDEBET, BETPIX365, and OBABET
- Segments: Sports theme and online games
- Modalities: Virtual and physical
The company will operate in both virtual and physical modalities, focusing on sports-themed betting and online games.
Effective Date
The ordinance came into force on the date of its publication.
Regis Anderson Dudena signed the ordinance.
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