SPA-MF authorises EstadoX to offer sports betting and online games in Brazil
Brazil’s SPA-MF authorised EstadoX Ltda to offer fixed-odds sports betting and online games, according to a government gazette notice published on 16 October 2025. The authorisation runs until 15 October 2030 and covers the Tropino, BZ and 55W brands.
The authorisation permits EstadoX to offer sports betting and online games in Brazil for a defined period.