�������ϲ���̳

In December 2023, Brazil passed Law No. 14.790, which created a national licensing regime for fixed-odds betting on sporting events and other forms of online gaming, teeing up Brazil to be the most exciting new market opportunity for online gambling operators and suppliers in 2024. As the gambling regulations landscape in Brazil rapidly evolves, so too does �������ϲ���̳’s coverage, giving you full detail of what has and will unfold via our Special Report: Brazil Online Gambling Regulations. In this blog, we’ll give you an idea of what’s inside.

Setting the Scene: Why the focus on Brazil gaming now?

The new legislation for Brazil’s online gaming enables operators to apply for five-year licences — each subject to a high upfront fee of up to R$30m (approx. US$5.88m). It also establishes a series of other statutory requirements, such as obligations for operators to use facial recognition technologies in ID verification and prohibiting diagnosed gambling addicts from being able to access online betting platforms. A detailed breakdown of Law No. 14.790, as enacted in December 2023, can be found here. 

Since the enactment of Law No. 14.790, the Ministry of Finance’s Secretariat of Prizes and Bets (SPA) has been tasked with enacting secondary regulations via a series of ordinances to regulate fixed-odds betting and establish the Brazilian licensing regime. After some initial delays and a search for a head regulator, the SPA announced a four-phase rollout of 11 ordinances in April 2024 to regulate fixed-odds betting via Ordinance No. 561/2024. Additionally, the SPA has published a FAQ page for fixed-odds betting. 

Brazil Implementation Timeline

What’s inside the Special Report?

The purpose of this report is to follow the release of each of the 11 implementing ordinances listed in Ordinance No. 561/2024 and provide a breakdown of each of the regulations. As of August 2024, all ordinances have been released. This report is now up to date with details on those releases. 

For each ordinance, this report provides:

• A summary of the ordinance.
• A table with entity types and teams within those gaming entities that may be affected by the ordinance.
• A table of requirements which �������ϲ���̳ considers to be unique to the Brazilian market, or is otherwise considered noteworthy.
• A table with a summarised breakdown of the regulations by requirement.
• A table with any critical questions or policy points answered by the ordinance in question.
• A table with questions that have come from the ordinance or that were not answered by the ordinance.

‍

Intrigued to view the full report?

�������ϲ���̳ customers can access the report on the . Not yet a customer? Book a demo so a member of our team can show you the full extent of insights you could glean from �������ϲ���̳ GamblingCompliance’s Special Report.