Banese, Banestes and BRB pursue Brazil online lottery businesses
Banese, Banestes and BRB are pursuing lottery and betting ventures in Brazil, with different plans and statuses. Banese established Lotese in May 2025 through a joint venture holding a 20-year concession; Banestes is in exclusive contract talks with the World Lottery Consortium, while BRB shelved its planned lottery after a probe into an agreement with Santa Casa de Misericórdia de Lisboa.
The banks’ differing launch and partnership statuses affect prospective lottery suppliers and operators in Brazil.