All jurisdictions
BR · Tier 1
Brazil
SPA-issued Brazilian Bets concession — framework opened 2025; a single concession covers up to three brands for a five-year term in a 215-million-person market.
At a Glance
- Timeline
- 20–32 weeks
- Markets
- Brazil
- Tier
- 1
UNVERIFIED — figures for guidance only. As of 10 June 2026. Verify with the regulator before making licensing decisions.
What works here
Opportunities
- +Operators able to commit to a five-year concession covering up to three brands
- +Brands with Portuguese-language product, PIX integration, and local CRM
- +Groups committed to a Brazilian LTDA or SA entity
What to watch
Watch-outs
- !Concession runs for five years and covers up to three brands — plan brand allocation up front, since a fourth brand requires a new concession
- !Player net winnings are taxed above a monthly threshold — model the CRM and withholding mechanics carefully
- !Secretaria de Prêmios e Apostas (SPA) review cycles can extend beyond published targets, and the framework remains sportsbook-led — the 'Esporte Bet' / Lei 14.790/2023 architecture treats online casino as a permitted vertical inside a sports-wagering-anchored regime, not a casino-first regime
- !Secondary regulation (Portarias from SPA) still publishing — operating rules continue to evolve through 2026
- !Local entity, local AML officer, COAF integration all required
Permitted Verticals
CasinoSportsbookPoker