A BIG Brazil, the licensed company of Caesars Sportsbook for the local market, has received permission to operate iGaming and sports betting in Rio de Janeiro. In this way, the famous Las Vegas casino group will place its brand and online gaming platform in the country for the first time. On the last day 19, the State Official Gazette published the announcement of the license granted by Loterj.
On the occasion, the CEO of Caesars Sportsbook Brazil, André Feldman, emphasized: “We are very happy to start operating in the country precisely through Rio de Janeiro, a state that has a tradition in the gaming sector and is the biggest showcase of Brazil abroad".
"A BIG Brazil, through Caesars Sportsbook, will bring the experience, credibility, and respect to the consumer, with a platform focused on entertainment and responsible gaming.
From Las Vegas to Brazil. It's not a bet, it's Vegas, in Brazil,” celebrates Feldman.
The president of LOTERJ, Hazenclever Lopes Cançado, welcomed the arrival in Rio of the largest and most important brand associated with gaming in the world. “We are very happy with Caesars and BIG Brazil's decision to invest in Rio de Janeiro. Their accreditation is an incentive for other companies in the sector to follow the same path and get regularized in the state".
Hazenclever Cançado also highlighted the attractions of the Rio market: “We are the second GDP of the country and the third population. If Brazil is the “crown of games” in the world, Rio de Janeiro is the jewel of the crown. We have 17 million inhabitants, more than many countries in Europe”.
A BIG Brazil was approved in the Proof of Concept (PoC) at the end of July, when it presented the functionalities of the platform for the operation of the lottery betting in fixed quota and online casino. The company works with the highest compliance standards in the market.
Feldman added that the company's goal now is to expand operations to all cities in the state of Rio de Janeiro and eventually to the entire country.
“A BIG Brazil / Caesars Sportsbook also requested the federal license. The operation in Rio de Janeiro will be the visiting card of the Group for the national operation, expected to start in 2025”, concludes Feldman.
Source: GMB
