Brazil's regulated betting and iGaming market — known as “Bets” — went live in January 2025, ending years of legal limbo. Operators must hold a federal authorisation issued by the SPA under the Ministry of Finance.
Regulatory framework
Law 14.790/2023 and a series of SPA ordinances govern fixed-odds betting and online casino. Each authorisation covers up to three brands and is valid for five years. Operators must incorporate locally, hold significant share capital and keep customer funds and key infrastructure within Brazil.
Licence types
Tipo de licenciaCoste / capitalVigencia
Federal Betting & iGaming AuthorisationR$30m / 5 yrsUp to 3 brands
State Lottery Licence (e.g. Loterj)Varies by stateState-restricted
Supplier / B2B CertificationAccredited labsPer product
Application & compliance
Incorporate a Brazilian entity with qualifying share capital.
File ownership, integrity and source-of-funds documentation with the SPA.
Certify platform, RNG and games with accredited Brazilian test labs.
Deploy KYC, facial verification and the national self-exclusion link.
Pay the grant fee and begin monthly monitoring reports.
Taxation
Operators pay 12% on gross gaming revenue plus standard corporate taxes; players are taxed 15% on net prizes above the exemption threshold. A portion of GGR is earmarked for sport, tourism and responsible-gambling funds.
Player protection & compliance
Mandatory KYC and facial verification at sign-up.
Self-exclusion via the national registry.
Ban on credit-card deposits and tight advertising rules.
Monthly reporting to the SPA monitoring system.
Operating without a federal authorisation can trigger site-blocking, payment-blocking and fines of up to R$2bn.