Who’s In Brazil’s new regulated iGaming market

As champagne corks were popping worldwide to usher in a the new year, Brazil’s newly regulated iGaming market started operating.

Market launch was slated for 1 January 2025. Ordinances published 30 December publicly announced which of the more than 100 companies applying for licenses had been successful.

A total of 66 licensees were awarded.

14 companies were granted licenses with full authorisation to operated in the regulated market. A further 52 received licenses with a provision authorisation to operate, subject to ticking off any remaining compliance requirements.

As new regulated online gambling markets go, Brazil’s has been hotly anticipated. A big population with a high propensity to gamble was always going to have the big operators jostling for position.

A number of familiar global brands are on the list (bet365, Betfair, Betsson, Caesars, BetMGM, Stake). There are also some notable absentees (brands from 888 Holdings in particular).

66 Companies Awarded Licenses

Each company license allows for the operation of 3 brands. Companies wanting to operate more than 3 brands must obtain further licenses (eg A2FBR LTDA)

In most cases, the licenses cover sports betting and casino games.

14 Companies Awarded Full Authorisation

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Company	Brands
A2FBR LTDA	Betting Exchange, FullTBet, BetBra
A2FBR LTDA	Pinnacle, Matchbook and Verdinha
ALFA ENTRETENIMENTO SA	Alfa.bet
APOLLO OPERATIONS LTDA	KTO
BETBOOM LTDA	BetBoom
BLAC GAMES LTDA	SportyBet, LanceBet
BOA LION SA	BetMGM, MGM
DIGIPLUS BRAZIL INTERACTIVE LTDA	ArenaPlus
GALERA GAMING ELECTRONIC GAMES SA	Galera.bet
LINDAU GAMING BRASIL SA	Fazobetaí, Oleybet, Betpark
MMD TECH, ENTERTMT & MARKETING LTDA	Rei do Pitaco, Pitaco
NSX BRASIL SA	BetNacional, Mr Jack Bet
OIG GAMING BRAZIL LTDA	7Games, Betão and R7
SPRBT INTERACTIVE BRASIL LTDA	Superbet, MagicJackpot, Super
SEGURO BET LTDA	Seguro Bet, King Panda

52 Companies Awarded Provisional Authorisation

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Company	Brands
KAIZEN GAMING BRASIL LTDA	BETANO
VENTMEAR BRASIL SA	SPORTINGBET, BETBOO
BIG BRAZIL TECHNOLOGY AND LOTTERY SA	CAESARS
SIMULCASTING BRASIL SOM E IMAGEM SA	BETSSON
F12 DO BRASIL ELECTRONIC GAMES LTDA	F12.BET, LUVA.BET, BRASILBET
EB INTERMEDIACOES E JOGOS SA	ESTRELABET
REALS BRASIL LTDA	REALS, UX, NETPIX
BETFAIR BRASIL LTDA	BETFAIR
NVBT GAMING LTDA	NOVIBET
GAMEWIZ BRASIL LTDA	9F,6R and BET.APP
GAMEWIZ BRASIL LTDA	IJOGO, FOGO777, P9
HS DO BRASIL LTDA	BET365
BET WINS LOTTERIES LTDA	WINNING BET
FUTURAS APOSTAS LTDA	BRAZINO777
Lucky Gaming LTDA	4PLAY AND PAGOL
H2 LICENSED LTDA	SEUBET AND H2 BET
SC OPERATING BRAZIL LTDA	VBET, VIVARO
CDA GAMING LTDA	BETTING HOUSE, BET SUL, ONLINE GAME
FAST GAMING SA	BETFAST, FAZ1BET, TIVOBET
SUPREMA BET LTDA	SUPREMABET, MAXIMABET, XPBET
BETESPORTE ONLINE BETTING LTDA	BETESPORTE, LANCE DE SORTE
BETSPEED LTDA	BETSPEED
BLOW MARKETPLACE LTDA	BRAVO, TRADICIONAL, APOSTATUDO
LEVANTE BRASIL LTDA	SORTE ONLINE, LOTTOLAND
BETBR LOTERIAS LTDA	APOSTOU, B1 BET, BRBET
GORILLAS GROUP DO BRASIL LTDA	BET GORILLAS, BET BUFFALOS, BET FALCONS
EA ENTERTAINMENT AND SPORTS LTDA	BATEU BET, HANZBET
TRACK GAMING BRASIL LTDA	BETWARRIOR
SORTENABET GAMING BRASIL SA	SORTENABET, BETOU, BETFUSION
BELL VENTURES DIGITAL LTDA	BANDBET
BRILLIANT GAMING LTDA	AFUN, AI and 6Z
FOGGO ENTERTAINMENT LTDA	BLAZE, JONBET
ANA GAMING BRASIL SA	BET7K, CASSINOPIX, BET VERA
TQJ-PAR PARTICIPAÇÕES SOCIETARIAS SA	BINGO BAÚ, TELE SENA BET, BET DO MILLÃO
7MBR LTDA	CBET
UPBET BRASIL LTDA	UPBETBR
B3T4 INTERNATIONAL GROUP LTDA	BET4
APOSTA 1 LTDA	APOSTA1, APOSTAMAX
JOGO PRINCIPAL LTDA	GINGABET, QGBET, VIVASORTE
SKILL ON NET LTDA	BACANAPLAY, PLAYUZU
WORLD SPORTS TECHNOLOGY DO BRASIL SA	BETCOPA, BRAZIL OF LUCKY, FYBET
Rr Participations and Business Intermediations LTDA	MULTIBET, RICOBET, BRXBET
STAKE BRAZIL LTDA	STAKE
CAIXA LOTERIAS SA	BETCAIXA, MEGABET, XBET CAIXA
MERIDIAN GAMING BRASIL SPE LTDA	MERIDIANBET
Versus Brasil Ltda.	VERSUSBET, VS – VERSUS
VANGUARD ENTERTAINMENT BRAZIL LTDA	ESPORTE365, BET DAORA, GOLBET
LOGAME DO BRASIL LTDA	LÍDERBET, GERALBET, B2XBET
SEVENX GAMING LTDA	BULLSBET, JOGÃO
BET.BET TECHNOLOGICAL SOLUTIONS SA	BET.BET, DONALDBET
OLAVIR LTDA	RIVALO
HILGARDO GAMING LTDA	A247, HILDARGO, HILDARGO GAMING