Gambling Traffic in Brazil: How to Win Big as an Operator?
Given the amount of potential in the Brazilian iGaming market, gambling traffic in Brazil is on the rise. So, how can casino operators make the most of it?To take a...
Brazil’s SPA orders AML and CTF policy submissions
The Secretariat of Prizes and Bets (SPA) in Brazil requires licensed operators to submit their anti-money laundering and counter-terrorism financing policies by March 17.
Under Brazil’s Law No. 14,790/2023 and Normative Ordinance No. 1,143, operators must have strong policies to prevent money laundering and terrorist financing or risk facing penalties.
Operators have to:
• Identify and assess customer risk levels before registration.
• Ensure employees and suppliers follow anti-money laundering (AML) policies.
• Report any suspicious transactions to Brazil’s financial intelligence unit (COAF).
On February 12, next to the introduction of a new monthly inspection fee in Brazil, the SPA held a webinar to guide operators on properly reporting suspicious activity to COAF. These reports must explain why a transaction is flagged and provide supporting evidence.
Earlier, back in November 2024, the SPA joined the National Strategy to Combat Corruption and Money Laundering (ENNCLA) and shaped 90 new public laws across the country.
SPA’s plans for 2025-2026
On February 21, 2025, the SPA started its public hearing aimed at shaping its 2025-2026 regulatory agenda. The consultation, which runs until March 27, invites players, operators, and suppliers. The final agenda will be published on April 4.
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 welcomes 21 more companies to regulated betting market
The Secretariat of Prizes and Betting (SPA) has just granted definitive authorisations to 21 more operators, marking another big step in shaping the country’s regulated...
