Inquiring about the effects of alterations to Brazil's online gaming regulations on various platforms.
In a significant move for the global iGaming industry, Brazil has opened its doors to foreign operators seeking a slice of the lucrative market. However, these newcomers must comply with a series of stringent regulations set by the Brazilian Secretariat of Prizes and Betting (SPA).
To enter and operate successfully, foreign operators must secure regulatory certification for their platforms. Certification by accredited testing bodies such as Gaming Laboratories International (GLI) ensures full compliance with Brazilian regulatory standards. For instance, platforms like Sportingtech have obtained GLI certification specifically aligned with SPA requirements, demonstrating technical compliance, security, and commitment to responsible gaming.
Operators must also obtain official licenses to operate legally in the market. These licenses are part of the structured legal frameworks approved by the Brazilian government in 2024 for both online betting and gaming. The cost of a five-year license for gambling operations in Brazil is BR$30 million (approximately US$6.1 million).
Strict advertising compliance is another requirement. Operators need to ensure that marketing campaigns target only adults (over 18 years old), avoid misleading information about winning guarantees, and moderate all advertising assets before launch. Additionally, operators must apply for permissions with major platforms like Google and Meta to run iGaming ads in Brazil.
Compliance with consumer protection measures, fair taxation regimes (with recent tax rates reportedly rising up to 40%), and ongoing regulatory updates by Brazilian authorities are essential to maintain market integrity and operator accountability. Responsible Gambling protocols, such as self-exclusion mechanisms and stringent deposit limits, are also necessary for gambling companies in Brazil.
To help operators navigate these new regulations, Sumsub, a leading provider of regulatory compliance, verification, and automated solutions, has launched a bi-weekly Q&A series. The series invites followers to submit their own questions on Instagram and LinkedIn. This week's Q&A, published every other Thursday on The Sumsuber and social media platforms, will focus on the changes to Brazil's iGaming regulations. Ricardo Mendivelso, the Business Development Manager of Sumsub, will discuss the changes in detail.
For more information about Brazil's new regulatory framework for the iGaming industry, check out our complete guide (link provided). The Q&A series features experts from legal, tech, and other fields, providing valuable insights into the changes to Brazil's iGaming regulations.
It's an exciting time for the iGaming industry in Brazil, as fixed-odds betting operations related to sport events and online games are now legal upon licensing from the Ministry of Finance. With the right strategy and compliance, foreign operators stand to benefit from this burgeoning market.
- Foreign operators in the Brazilian iGaming market can diversify their offerings by incorporating sports betting into their casino-and-gambling platforms, given that fixed-odds betting operations related to sports events are now legal upon licensing from the Ministry of Finance.
- To cater to sports enthusiasts in Brazil, iGaming companies must ensure their platforms offer sports-related options, demonstrating a commitment to providing a comprehensive entertainment experience that aligns with the interests of the local market.
