Brazil’s SPA authorizes five new betting brands under two operators

Brazil’s Ministry of Finance has authorized two new operators to explore fixed-odds betting in the country, expanding the list of licensed companies under the nation’s formal gambling framework. The decisions enabled five new brands to enter the regulated market and was approved by the national Secretariat of Prizes and Bets (SPA).

According to the ordinances, Responsa Gaming Brasil has received permission to offer online-only sports betting and gaming under the brands Joga Limpo and Energia, with a five-year licence valid until June 2030.

Meanwhile, Tqj-Par Participações Societárias S.A., which is part of Grupo Silvio Santos, was authorized to operate in both physical and digital modalities, allowing it to offer bets under the brands Baú Bingo, Tele Sena Bet and Bet do Milhão until the end of 2029.

SPA is overseeing operator approvals and compliance enforcement. The country’s Senate also received a bill that, among other measures, aims to establish a National Betting System to promote responsible gaming, technical system requirements and anti-money laundering measures.

Good to know: Brazil’s President Lula has publicly supported raising betting taxes as part of broader efforts to boost federal revenue and ease fiscal pressure

The National Association of Games and Lottery estimates that the formal market could generate BR20bn ($3.6bn) in taxes and fees in 2025 alone.

Carlos Mendez

Writer

Odds tell a story long before the result does. When bettors learn to read that story properly, betting becomes a matter of discipline and value rather than emotion or guesswork.

Visit Profile

Players trust our reporting due to our commitment to unbiased and professional evaluations of the iGaming sector. We track hundreds of platforms and industry updates daily to ensure our news feed and leaderboards reflect the most recent market shifts. With nearly two decades of experience within iGaming, our team provides a wealth of expert knowledge. This long-standing expertise enables us to deliver thorough, reliable news and guidance to our readers.