The Secretariat for Prizes and Betting (SPA) has informed relevant authorities that it has granted full authorizations to 71 businesses that applied for federal online gambling licenses.
The update came from SPA President Regis Dudena, who informed the Parliamentary Commission of Inquiry (CPI) on Bets about businesses that met all qualifying criteria ahead of the market’s launch on January 1, 2025.
Dudena stated that as of December 11, the SPA has authorized 71 applications out of 114 submitted to its agency.
Businesses authorized for licenses have been cleared to pay an upfront concession fee of R$30 million [$5 million], which must be completed within a 30-day window.
