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EstrelaBet receives approval in another stage of the betting market licensing process.

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EstrelaBet, one of the leading iGaming operators in Brazil, has reached another important milestone in the licensing process. The Secretariat of Prizes and Bets (SPA) certified that the company has met all the requirements set forth in Ordinance 827 and other prevailing legal and regulatory norms, authorizing the payment of the grant fee and the submission of additional documentation necessary for the issuance of the license.

This approval reaffirms EstrelaBet's pioneering and leadership in the market, highlighting its robust structure, strict controls, and alignment with the best regulatory practices. 

As one of the first operators to apply for and advance in the licensing process, the company demonstrates its commitment to compliance and its readiness to operate according to the rules of the regulated market, which will come into effect on January 1, 2025.

The next step in the licensing process involves the presentation of the technical certificate of its platform and integrations with providers, as well as the formalization of the grant payment to the federal government. With this, EstrelaBet is on its way to consolidating itself as a reference in the sector, combining innovation, security, and responsibility.

The operator already implements internationally recognized practices to promote responsible gaming, such as self-exclusion tools, deposit limits, and temporary breaks. 

Furthermore, it maintains a partnership with FUMEC University, which offers free psychological support and uses advanced technology to identify and mitigate risk behaviors, reinforcing its commitment to the health and well-being of users.

EstrelaBet remains focused on delivering a safe, fun, and responsible experience for its customers, contributing to the sustainable development of the betting market in Brazil.

EstrelaBet is the best Brazilian betting operator, having been elected twice consecutively at the SiGMA Americas Awards in 2023 and 2024, and has also been awarded as 'Best Sports Betting Operator in Brazil' and 'Rising Star of the Year' by the SBC Awards Latin America 2022. 

With offices in Belo Horizonte and São Paulo, the company stands out for its innovations in the betting market, its commitment to responsible gaming, and for being one of the first to apply for an operating license in the regulated market, which will come into effect in Brazil from 2025.

The company supports both sports and entertainment in Brazil. EstrelaBet sponsors CazeTV and the musical reality show "Estrela da Casa" (TV Globo). 

In sports, it sponsors the Brazilian National Teams of Futsal and Beach Soccer and was the only national representative of the betting sector to officially support the FIFA Women's World Cup 2023™. In addition, the company sponsors clubs such as Internacional, Vasco da Gama, América-MG, Ponte Preta, CRB, and Botafogo-SP, as well as the "Beira-Rio" stadium.

Source: GMB

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