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Brazil’s SPA approves two betting operators’ brand reductions

Licences & markets

Brazil’s Secretariat of Prizes and Bets authorised BIG Brazil Tecnologia e Loteria and Lindau Gaming Brasil to reduce their managed brands from three to two, with the measures published on 18 February. BIG Brazil will discontinue Caesars.bet.br, while Lindau will stop operating Betpark.bet.br; both companies will retain two platforms each.

The approvals change which betting brands the two licensed operators can run in Brazil.

Earlier licence decisions by SPA

DateCompanyAmountStoryAppeal status
Big Brazil, Lindau GamingNot statedBrazil’s SPA approves BIG Brazil and Lindau Gaming brand reductionsNot stated
BB GamingNot statedBrazil’s SPA authorises BB Gaming to offer betting and online gamesNot stated
Not namedBRL 30,000,000Brazil’s Finance Ministry reviews 25 sports betting applicationsNot stated
PicPay, Nosso Time IgamingNot statedPicPay seeks Brazil betting authorisation through Nosso Time iGamingNot stated
KalshiNot statedKalshi explores potential Brazil prediction-market entry in 2026Not stated

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Brazil’s SPA authorises BPX Bets to operate three betting brands through 2029

Brazil’s Secretariat of Prizes and Bets authorised BPX Bets Sports Group to offer fixed-odds sports betting and online games, under a decree published on 9 March, the authority’s notice said. The authorisation covers the Vaidebet, Betpix365 and Obabet brands, online and in-person, until 31 December 2029. It replaces an authorisation issued in March 2025 following a court order.

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