Brazil’s SPA extends betting operators’ payout-association deadline by three months
Brazil’s Secretariat of Prizes and Betting extended by three months the period for operators to establish associations that handle statutory betting-revenue distributions. The extension applies to operators that notified the SPA of their intention to join by 31 January 2025, and allows them to keep the required funds provisioned until the association is fully operational.
Eligible operators have more time to arrange the mechanism for distributing legally required betting revenue to beneficiaries.