Brazil
iGaming License

Brazil officially regulated sports betting and iGaming in 2024, opening one of the world's largest untapped markets. With over 200 million people and a passionate sports culture, Brazil represents a massive opportunity.

Timeline

6 to 12 months

Cost

BRL 30 million authorization fee

Tax Rate

12% on gross gaming revenue

Key Benefits

Access to 200M+ population market
Massive sports betting demand (especially football)
First-mover advantage in a newly regulated market
Growing digital payment infrastructure (PIX)
Strong mobile-first user base

Licensing Requirements

Brazilian-registered company (local entity)
BRL 30 million minimum share capital
Local data storage and processing
Integration with national self-exclusion system
Comprehensive AML and responsible gambling compliance

At a Glance

Regulatory Body

Secretaria de Premios e Apostas (SPA)

Region

Caribbean & Americas

Approval Timeline

6 to 12 months

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BraziliGaming License

Key Benefits

Licensing Requirements

At a Glance

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Brazil
iGaming License