Brazil targets deceptive gambling advertisements on YouTube
Brazil's Ministry of Sports has officially asked the Ministry of Justice to take serious action against illegal gambling by shutting down all misleading gambling...
Brazil sets $5.2M entry fee for betting operators
The SPA, the government’s Secretariat of Prizes and Bets, has officially started to notify approved operators about the entry fee of $5.2 million.
Operators now have 30 days to provide payment confirmation and other documentation, including a declaration proving the legal origin of their funds. In case of a failure to meet the deadline, operating licenses will be archived.
Several major companies, including Entain (Sportingbet), Betsson, Flutter, Rei do Pitaco, and MGM LeoVegas, were among the first to receive notifications. The SPA’s notification, issued on November 19, emphasized that missing the deadline would lead to a permanent rejection of the application, in accordance with Article 13 of Law 14,790. Moreover, the entry fee is not the only news. Additional certification requirements come together with the news. The list of approved operators will be published in the Official Gazette by December.
Brazil’s iGaming Market in 2025
The SPA, the government’s Secretariat of Prizes and Bets, is focused on safeguarding players in the regulated market, enforcing marketing restrictions, and ensuring operators meet safety standards. With the new regulations starting in 2025, strict anti-money laundering (AML), counter-terrorism financing (CTF), and strong IT security measures will be enforced to prevent excessive gambling. Recently, Brazil targeted deceptive gambling advertisements on YouTube.
FAQs
Is gambling legal in Brazil?
Many forms of land-based gambling are illegal in Brazil.
What is the legal gambling age in Brazil?
The legal gambling age in Brazil is 18.
Brazil to ban betting bonuses and advertisements
Ahead of the regulated market's debut in January 2025, on November 19, the Brazilian government called for a complete ban on all betting bonuses and advertisements.The...
