Caixa Econômica Federal plans online betting launch in Brazil
Caixa Econômica Federal said it plans to launch its online betting platform in Brazil at the end of November. The bank expects the platform to generate between R$2bn and R$2.5bn in 2026, and says the project has been authorised by the SPA. Playtech will provide the technology for digital and retail operations, with the concession running until 2029.
The planned platform brings a state-owned bank into Brazil’s betting market, with Playtech providing technology.