Latam & Carribean
134 Companies Eager for Sports Betting & Online Games License in Brazil
Brazil’s gaming market is on the brink of transformation!
A record 134 companies have shown interest in Brazil’s burgeoning sports betting and online gaming sector.
As regulatory doors open, envision the growth and diversity these companies could bring to Brazil’s gaming landscape.
Stay tuned to see how these companies transform Brazil into a new gaming hub.
Significant Interest in Brazil’s Gaming Market
In a move that underscores Brazil’s potential as a gaming market, 134 companies have expressed interest in operating sports betting and online games.
Ministry of Finance’s Regulatory Ordinance
The Ministry of Finance, through Regulatory Ordinance MF No. 1330/2023, invited companies to submit a non-binding expression of interest. The deadline for submissions was 30 days.
Enthusiastic Response from Global Companies
The response was overwhelming, with 134 companies providing the necessary documentation to showcase their interest in Brazil’s gaming market.
Priority for Early Expressions of Interest
Companies that acted early and submitted their expressions of interest will be given priority in the authorization application process, as per the Ministry’s regulations.
A Wait-and-See Approach from Some Companies
Several companies opted to wait for the final law approval by Congress, particularly concerning the inclusion of online casinos, before deciding to apply for a license.
List of Interested Companies Revealed
Post the sanction of Law 14790, the Brazilian government disclosed the list of companies that have shown interest in entering the market. Below is the list of all of them:
- Kaizen Gaming International Limited (Betano)
- Big Brazil Tecnologia e Loteria S.A.
- Galera Gaming Jogos Eletrônicos LTDA
- Mmd Tecnologia, Entretenimento e Marketing LTDA
- Ocean 88 Holdings Ltd
- Ggr7 Lazer, Pagamentos e Participações S.A.
- Lucksphere Limited
- Paulo Roberto Organizações de Serviços Digitais e Promoções LTDA
- Ventureluz S.A. de C.V.
- NSX Enterprise N.V.
- SBP Entretenimento LTDA
- OF Joseph Pb&T Brasil LTDA
- Southern Stingray S.A
- Bella Entretenimento LTDA
- 1XBET Brasil LTDA
- Alvez Sobral Soluções Empresariais LTDA
- RGB Games e Loterias Entidade Operadora de Jogos e Apostas S/A.
- Meridianbet Brasil LTDA
- Pixbet Soluções Tecnologicas LTDA
- Diamond Bdo Games B.V.
- Play Safe LTDA
- Smart Fly Serviços Empreseriais LTDA
- Bailamia Investimentos e Participações LTDA
- Sol Serviços de Intermediação S.A
- Mgr Agencia Oü
- Five For Five Soluções Inteligentes – S.A. Empresarial LTDA
- Centauro Development Solutions, Comércio Locação e Desenvolvimento de Software LTDA
- Mercado Easy Soluções e Tecnologia LTDA
- Abudantia B.V.
- Terras de Quiririm Empreendimentos Imobiliários
- Odycell Participações LTDA
- Opção Empreendimentos e Participações LTDA
- Better Lucky Entidade Operadora de Jogos e Apostas S/A
- Boldt S.A.
- BM Corp Ltd
- Eurasia Solutions Plc
- Betclic Everest
- Numero P.N.V.
- Logflex Mt Holding Limited
- Rivalry Corp.
- Aposta Mais Brasil LTDA
- MBET Solutions N.V.
- Ventmear Limited
- WHG (Malta) Limited
- DPsports Consultoria e Promoção LTDA
- Rodrigo Faria de Oliveira LTDA
- Boca Rica Loteria LTDA
- Betfair International Plc
- JBD Comunicação e Tecnologia LTDA
- Leovegas International Ltd
- Seminole Hard Rock Digital, Llc
- Levante Holdings Limited
- Baytree Interactive Limited
- Betway Limited
- Chippix Automatização e Tecnologia LTDA
- SB Global Markets Limited
- Istpay Serviços de Pagamentos e Gestão Financeira LTDA
- Laguna Serviços e Tecnologia LTDA.
- Prolific Trade N.V.
- H2 Sports N.V.
- Betwinner Apostas Esportivas LTDA Epp
- LVS Soluções Empresariais LTDA.
- Draftkings Inc.
- Rush Street Interactive Participações LTDA
- Mgm Casino Next Lion, Llc
- Asturias BV
- Super Jogos N.V.
- Solaris Technologies N.V.
- Real Sports N.V.
- TK 88 Holdings
- Agmx Tecnologia S. de R.L. de C.V.
- Blac Limited
- Alpha Games N.V.
- Hillside (Sports) Gp Ltd
- Sport Locker Holding LTDA
- Salsa Tecnologia LTDA
- Crownstone Ventures Llc
- Speed Marketing LTDA
- Betfast N.V.
- Fortuna Diversões Eletrônicas LTDA Epp
- Simulcasting Brasil Som e Imagem S.A.
- DFS Entretenimento LTDA
- Stars Investments N.V.
- Winklink Serviços de Gestão de Marcas LTDA
- Eb Intermediações e Jogos S.A.
- Green Stage Lda
- Red & Blue Ltd
- Inbet Online Ltd
- Caixa Econômica Federal / Caixa Loterias S.A.
- Codere Do Brasil Entretenimento
- Caliente Usa Llc
- S.A. Sport Group Apostas LTDA
- Bally’S Coorporation
- Greenrun Inc
- Emeralds Holdings Ltd
- Bet Boom N.V.
- Papito Entertainment Nv
- Rede Loto LTDA
- Better Games Inc
- BV Gaming Limited
- Chilling Cheetah Limited
- Playmer Ltd
- Globonet B.V.
- Mindful Tech B.V.
- Melbet Apostas Esportivas LTDA
- Stake Gaming Pty Ltd
- Fortunever Brasil Business Solution LTDA
- Owlreality Hong Kong Limited
- XYZ Sports B.V.
- HSF Gaming N.V. Limited Liability Company
- Betpet Brasil LTDA
- Scientific Games Brasil LTDA
- Skill On Net LTDA
- Fifht August Ltd
- NGT Loterias e Participações LTDA
- Poligon Entertainment N.V.
- Upsports B.V.
- Puskas Bet Administradora de Apostas Esportivas LTDA
- Megafootball Administradora de Prognósticos Esportivos LTDA
- Ads Global Limited
- ST Soft Desenvolvimento de Programas de Computadores LTDA
- 2A Publicidade e Agenciamento LTDA
- Lotella – Consultoria, Empreendimentos e Participações S.A.
- Livescore Group Limited
- Bet77 Sports N.V.
- Gurubets Sociedad de Resposabilidade Limitada
- Intralot Do Brasil Comercio de Equipamentos e Programas de Computador LTDA
- Saga Consultoria e Representações Comerciais e Empresarias S.A.
- Playbook Gaming LTD
- Birmingham Technology N.V.
- JB MB LTDA
- Vertical Tecnologia e Operações de Jogos Lotericos S.A.
- Fantosck Serviços Combinados de Marketing, Tecnologia e Intermediação de Empresas LTDA
- Joiib Technology Do Brasil
José Francisco Manssur on Market Interest
José Francisco Manssur, special advisor to the Executive Secretariat of the Ministry of Finance, highlighted the interest as a result of ongoing dialogue and efforts to establish a reliable regulatory environment.
Conclusion: A New Era for Brazil’s Gaming Industry
The substantial interest from 134 companies signifies a new era for Brazil’s sports betting and online gaming industry. As the market prepares to welcome these potential new entrants, Brazil positions itself as an emerging leader in the global gaming sector.