Caixa plans November launch for Brazilian betting platform
Caixa Econômica Federal plans to launch its betting platform in Brazil in November, President Carlos Vieira said. He projected first-year revenue of R$2 billion to R$2.5 billion and about R$7 billion in 2026. The SPA approved the bank’s licence in July for three brands, with authorisation through 2029.
Caixa’s planned platform would bring a state-owned bank and three authorised brands into Brazil’s regulated betting market.