EstrelaBet, one of the largest sports betting operators in Brazil, announces the payment of a R$ 30 million grant to the federal government. This collection represents a significant milestone in the licensing process for the regulated market that will come into effect on January 1, 2025. This progress reinforces the company's commitment to the requirements set by the Secretariat of Prizes and Bets (SPA) of the Ministry of Finance.
The Brazilian company moves towards the final stages of the regulation process, which include the presentation of the technical certificate of its platform and integrations with providers, confirming its ability to operate in full compliance with the new legislation.
“The formalization of the grant payment is more than a legal compliance; it is a crucial step that reaffirms our dedication to offering a safe and innovative experience to our users, always aligned with the best regulatory and market practices,” highlights Fellipe Fraga, CBO of EstrelaBet.
Commitment to responsible gaming
Recognized for its innovative approach, EstrelaBet already implements robust tools to promote responsible gaming, such as self-exclusion options, deposit limits, and temporary breaks.
In addition, its partnership with FUMEC University, which offers free psychological support and develops technologies to monitor and identify signs of risk behaviors, reinforces the company's commitment to the well-being of users. These measures, aligned with the best global practices, position EstrelaBet as a reference in social responsibility and sustainability in the sports betting market in Brazil.
With a solid structure and internationally recognized practices, EstrelaBet contributes to the sustainable development of the market, offering a responsible, safe, and enjoyable experience for its customers. “Our goal is not only to meet the standards but also to lead by example, promoting a more transparent, safe, and responsible sector for all involved,” concludes Fraga.
EstrelaBet is the best Brazilian betting operator, having been elected twice consecutively at the SiGMA Americas Awards in 2023 and 2024, and also winning 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 Futsal and Beach Soccer Teams and was the only national representative of the betting sector to officially support the FIFA Women's World Cup 2023™. Moreover, 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
