More than 130 operators have shown interest in operating in Brazil

The regulation of Online Gambling in Brazil has already stirred up the market significantly to adapt to the new rules, resulting in a rush to obtain licenses quickly in the country.

Currently, 134 sports gambling operators have shown interest in obtaining a license to operate in the sector, including the Caixa Econômica Federal itself, one of Brazil’s largest banks, which already operates the Federal Lottery.

The licensing process for Online Gambling in Brazil

The Ministry of Finance, through Normative Ordinance MF No. 1330/2023, opened a 30-day period for companies interested in fixed-odds betting to submit their prior expression of interest.

During this period, 134 sports betting houses responded to the call, indicating strong interest in the Brazilian sports betting market.

These companies have been given priority in the authorization process, as the process of receiving requests and payment of fees begins.

The number is surprising in its speed after President Lula sanctioned the regulation of sports betting, demonstrating that the sector is already strong in Brazil, which also justifies the need for transparent legislation.

Economic impact of sports betting regulation

The regulation of Online Gambling in Brazil is seen as a key strategy to boost the economy and help achieve the goal of a zero deficit in public accounts. With expectations of significant tax revenue, the Brazilian government sees the activity as an important source of income.

Fixed-odds betting, which covers virtual events of online games and real sporting events, offers a variety of options for bettors, increasing the appeal of sports betting houses for a warmer market with growth projections.

In addition, regulation promises greater transparency and security for both operators and bettors.

Recognition of leading brands in the sports betting market

In the growing Brazilian sports betting market, some brands stand out for their reputation and global presence. Among the 134 companies seeking a license to operate sports betting and online gaming in Brazil, brands such as Betway, Betano, Betsson, and 1xbet are recognized for their excellence and reliability.

These betting houses have already established a strong presence in international markets and are now ready to expand their operations in Brazil, bringing with them rich experience and a commitment to quality and safety in sports betting.

In addition to those mentioned, there are also Caixa and other emerging brands eager to establish their presence in Brazil.

Complete list of the 134 companies interested in operating sports betting in Brazil

The surprising number of sports betting houses that have already applied for a license to operate legally in Brazil is remarkable and certainly you won’t be able to recognize all of them at once, another positive point for being able to count on variety in the market. See below for the complete list of all 134.

1. Kaizen Gaming International Limited (Betano)
2. Big Brazil Tecnologia e Loteria S.A.
3. Galera Gaming Jogos Eletrônicos LTDA
4. Mmd Tecnologia, Entretenimento e Marketing LTDA
5. Ocean 88 Holdings Ltd
6. Ggr7 Lazer, Pagamentos e Participações S.A.
7. Lucksphere Limited
8. Paulo Roberto Organizações de Serviços Digitais e Promoções LTDA
9. Ventureluz S.A. de C.V.
10. NSX Enterprise N.V.
11. SBP Entretenimento LTDA
12. OF Joseph Pb&T Brasil LTDA
13. Southern Stingray S.A
14. Bella Entretenimento LTDA
15. 1XBET Brasil LTDA
16. Alvez Sobral Soluções Empresariais LTDA
17. RGB Games e Loterias Entidade Operadora de Jogos e Apostas S/A.
18. Meridianbet Brasil LTDA
19. Pixbet Soluções Tecnologicas LTDA
20. Diamond Bdo Games B.V.
21. Play Safe LTDA
22. Smart Fly Serviços Empreseriais LTDA
23. Bailamia Investimentos e Participações LTDA
24. Sol Serviços de Intermediação S.A
25. Mgr Agencia Oü
26. Five For Five Soluções Inteligentes – S.A. Empresarial LTDA
27. Centauro Development Solutions, Comércio Locação e Desenvolvimento de Software LTDA
28. Mercado Easy Soluções e Tecnologia LTDA
29. Abudantia B.V.
30. Terras de Quiririm Empreendimentos Imobiliários
31. Odycell Participações LTDA
32. Opção Empreendimentos e Participações LTDA
33. Better Lucky Entidade Operadora de Jogos e Apostas S/A
34. Boldt S.A.
35. BM Corp Ltd
36. Eurasia Solutions Plc
37. Betclic Everest
38. Numero P.N.V.
39. Logflex Mt Holding Limited
40. Rivalry Corp.
41. Aposta Mais Brasil LTDA
42. MBET Solutions N.V.
43. Ventmear Limited
44. WHG (Malta) Limited
45. DPsports Consultoria e Promoção LTDA
46. Rodrigo Faria de Oliveira LTDA
47. Boca Rica Loteria LTDA
48. Betfair International Plc
49. JBD Comunicação e Tecnologia LTDA
50. Leovegas International Ltd
51. Seminole Hard Rock Digital, Llc
52. Levante Holdings Limited
53. Baytree Interactive Limited
54. Betway Limited
55. Chippix Automatização e Tecnologia LTDA
56. SB Global Markets Limited
57. Istpay Serviços de Pagamentos e Gestão Financeira LTDA
58. Laguna Serviços e Tecnologia LTDA.
59. Prolific Trade N.V.
60. H2 Sports N.V.
61. Betwinner Apostas Esportivas LTDA Epp
62. LVS Soluções Empresariais LTDA.
63. Draftkings Inc.
64. Rush Street Interactive Participações LTDA
65. Mgm Casino Next Lion, Llc
66. Asturias BV
67. Super Jogos N.V.
68. Solaris Technologies N.V.
69. Real Sports N.V.
70. TK 88 Holdings
71. Agmx Tecnologia S. de R.L. de C.V.
72. Blac Limited
73. Alpha Games N.V.
74. Hillside (Sports) Gp Ltd
75. Sport Locker Holding LTDA
76. Salsa Tecnologia LTDA
77. Crownstone Ventures Llc
78. Speed Marketing LTDA
79. Betfast N.V.
80. Fortuna Diversões Eletrônicas LTDA Epp
81. Simulcasting Brasil Som e Imagem S.A.
82. DFS Entretenimento LTDA
83. Stars Investments N.V.
84. Winklink Serviços de Gestão de Marcas LTDA
85. Eb Intermediações e Jogos S.A.
86. Green Stage Lda
87. Red & Blue Ltd
88. Inbet Online Ltd
89. Caixa Econômica Federal / Caixa Loterias S.A.
90. Codere Do Brasil Entretenimento
91. Caliente Usa Llc
92. S.A. Sport Group Apostas LTDA
93. Bally’S Coorporation
94. Greenrun Inc
95. Emeralds Holdings Ltd
96. Bet Boom N.V.
97. Papito Entertainment Nv
98. Rede Loto LTDA
99. Better Games Inc
100. BV Gaming Limited
101. Chilling Cheetah Limited
102. Playmer Ltd
103. Globonet B.V.
104. Mindful Tech B.V.
105. Melbet Apostas Esportivas LTDA
106. Stake Gaming Pty Ltd
107. Fortunever Brasil Business Solution LTDA
108. Owlreality Hong Kong Limited
109. XYZ Sports B.V.
110. HSF Gaming N.V. Limited Liability Company
111. Betpet Brasil LTDA
112. Scientific Games Brasil LTDA
113. Skill On Net LTDA
114. Fifht August Ltd
115. NGT Loterias e Participações LTDA
116. Poligon Entertainment N.V.
117. Upsports B.V.
118. Puskas Bet Administradora de Apostas Esportivas LTDA
119. Megafootball Administradora de Pro
120. Ads Global Limited
121. ST Soft Desenvolvimento de Programas de Computadores LTDA
122. 2A Publicidade e Agenciamento LTDA
123. Lotella – Consultoria, Empreendimentos e Participações S.A.
124. Livescore Group Limited
125. Bet77 Sports N.V.
126. Gurubets Sociedad de Resposabilidade Limitada
127. Intralot Do Brasil Comercio de Equipamentos e Programas de Computador LTDA
128. Saga Consultoria e Representações Comerciais e Empresarias S.A.
129. Playbook Gaming LTD
130. Birmingham Technology N.V.
131. JB MB LTDA
132. Vertical Tecnologia e Operações de Jogos Lotericos S.A.
133. Fantosck Serviços Combinados de Marketing, Tecnologia e Intermediação de Empresas LTDA
134. Joiib Technology Do Brasil

Conclusion

The entry of 134 companies into the Brazilian sports betting market is a significant milestone signaling a promising future for the sector.

Contact us if you are interested in operating in Brazil and need any help with the license application, as well as operations, marketing, acquisition, CRM, Customer support…etc.