SectorWire
SearchGet the daily briefing
Menu

Brazil SPA authorises BIG Brazil and Lindau Gaming to cut brand portfolios

Licences & markets

Brazil’s Secretariat of Prizes and Betting authorised BIG Brazil and Lindau Gaming to reduce their approved portfolios from three brands to two, according to ordinances published on 18 February. BIG Brazil will retain BIG and APOSTAR, while Lindau Gaming will retain SPIN and OLEYBET; the changes took effect on publication.

The approvals limit each operator’s permitted portfolio to two brands, changing which brands they may run in Brazil.

Earlier licence decisions by SPA

DateCompanyAmountStoryAppeal status
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
Not namedNot statedBrazil’s SPA issues 67 initial betting authorisations for regulated marketNot stated

Connections

Request a correction

Keep reading

Licences & markets

Brazil finance ministry sets fast-track betting authorisation for 2027 Women’s World Cup

Brazil’s Secretariat of Prizes and Betting issued rules for an accelerated authorisation process for fixed-odds betting companies linked to the 2027 FIFA Women’s World Cup. Eligible Brazilian FIFA partners or contractors may seek a limited licence for 24 May to 25 August 2027, paying R$1,528,767.12 and establishing a R$2.5m reserve, or apply for a five-year authorisation. Applications are due by 31 October 2026, and event-period licensees may offer bets only on the tournament.

Continue reading