Brazil’s SPA issues 67 initial betting authorisations for regulated market
Brazil’s regulated betting market came into effect in January 2025, after the Ministry of Finance’s Secretariat of Prizes and Bets (SPA) issued 67 initial authorisations, according to the report. Operators already active in the country had until December 2024 to comply with the new requirements; platforms without authorisation were classed as illegal.
Operators need SPA authorisation to continue offering betting in Brazil’s regulated market.