Tag Archives: Brazil Bets

In this interview with SBC News, Thamillin Valery Klen, CEO of Maior Apostas Brasil and Maior Apostas Portugal, shares her insights into the rapidly evolving Brazilian sports betting market and her journey as an affiliate.  As she prepares to attend the highly anticipated SBC Summit  Rio, Klen reflects on the major shifts the industry has experienced since the inception of …

SOFTSWISS is now closer to securing the certification of its Casino Platform and Sportsbook in Brazil.  This comes a year after the company managed to obtain GLI-19 and GLI-33 certifications that further strengthens its ability to meet Brazil’s regulatory standards. However, with the South American’s upcoming market launch preceded by a tight legislative framework and the necessary implementation of strict …

Brazil’s Secretariat of Prizes and Bets (SPA) has introduced mandatory on-site inspections as part of the new regime with the latest introduction of Ordinance 1,125. As reported by SBC Noticias, the bill will regulate and supervise the activity of licence holders on Brazilian soil, with new measures including in-person visits of company HQs.  Betting operators will start being subjected to …

The Secretariat of Prizes and Betting (SPA) has completed the technical framework required for the government of Brazil to launch a federal online gambling market – commonly referred to as ‘Bets’. On Friday, the SPA submitted ordinance No.1231 to the government, outlining its rules and technical guidelines for responsible gambling with regard to marketing, communications, and advertising of the Bets …

The launch of Brazil’s federal online gambling market is nearing its final stages, as the government has published technical ordinances to authorise online casino games and live gaming studios. Yesterday, the Secretariat of Prizes and Betting (SPA), the department that will serve as the federal gambling authority of Brazil, submitted Ordinance No. 1,207 to the government. The document outlines technical …

In the coming months of 2024, all gambling and media stakeholders are waiting for the final modalities of the ‘Brazil Bets’ regime to be settled, bringing South America’s biggest sports market into play. Monitoring developments closely, Murilo Lima, OneFootball’s Director of Partnerships for Brazil and Portugal, warns SBC Summit delegates that Bets’ first movers will face unique localised challenges. From …

The International Betting Integrity Association (IBIA) has urged the rest of Latin America to take note of Brazil’s match-fixing tackling rulebook.  As it prepares for the launch of regulated sports betting, Brazil has issued an ordinance that requires all operators willing to partake in the market to become members of an independent integrity monitoring body, such as the IBIA.  With …

The bill to regulate Brazil’s land-based casinos, bingo, horse racing and jogo do bicho (instant win games) will most likely be voted on in August.  The announcement came from Senate President Rodrigo Pacheco (PSD-MG), who said that there is no need to rush with the vote on Bill 2,234/2022. According to Pacheco, it’s best to look at the matter with …

Edward Bedrosian, Chief Regulatory & Compliance Officer at Xpoint, explains why Brazil will follow the US by making geolocation checks the cornerstone of compliance for its imminent online gambling marketplace. Though Brazil takes a federal approach to regulating online gambling, the government and authorities require geolocation services to fulfill key logistical criteria on taxation, IT security, and market integrity. As …

The Senate of Brazil has advanced plans to modernise laws governing the gambling disciplines of land-based casinos, bingo, horseracing, and the sale of jogo do bicho (instant win games). On Wednesday, the much-delayed Bill No. 2,234/2022 was approved by the Senate’s Constitution and Justice Committee (CCJ), securing 14 votes in favour and 12 against, advancing a federal project to modernise …