Sportvip Group International Apostas Ltda. Granted License to Operate iGaming in Brazil
The Secretariat of Prizes and Betting (SPA) of the Ministry of Finance has authorized Sportvip Group International Apostas Ltda. to operate iGaming in Brazil. This decision, formalized through Ordinance 1.055/2025, marks a significant step in the ongoing regulation of the country’s burgeoning online gaming market.
The license, valid until May 13, 2030, allows Sportvip Group to operate under the brands EsportivaVip, CBesportes, and DonosDaBola. These brands will offer a combination of sports betting and online games, available in both physical and virtual formats.
Key Details of the Authorization
The official ordinance provides further details about the authorization:
SPA/MF ORDINANCE No. 1,055, OF MAY 14, 2025
Authorizes the legal entity mentioned to explore the lottery modality of fixed-odds betting.
The authorization is granted under the powers conferred by Decree No. 11,907 and in accordance with Laws No. 13,756 and No. 14,790.
Specifics of the Licensed Entity
Here’s a breakdown of the key information regarding Sportvip Group’s authorization:
- Corporate Name: SPORTVIP GROUP INTERNATIONAL APOSTAS LTDA
- CNPJ: 56.257.966/0001-63
- Brands: ESPORTIVAVIP, CBESPORTES, and DONOSDABOLA
- Segments: Sports theme and online games
- Modalities: Physical and virtual
- Validity of authorization: 05/13/2030
The ordinance, signed by REGIS ANDERSON DUDENA, Secretary of Prizes and Betting, came into effect upon publication.
This authorization represents a continued effort by the Brazilian government to regulate and oversee the expanding iGaming sector, ensuring responsible gaming practices and generating revenue for the country.
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