Brazil requires R$30m fee for online gambling licence applications
Brazil’s Secretariat of Prizes and Betting said operators seeking to work legally in the regulated market must pay a R$30m licensing fee within 30 days and provide proof of payment. The source reports that Superbet Brasil had paid the fee and received regulatory approval, while Betway planned to exit the market on 13 December 2024. The regulated market was due to launch on 1 January 2025.
The fee and payment deadline determine which operators can pursue authorisation for Brazil’s regulated market.