The Ministry of Finance announced this Friday (18) another update on the list of authorized betting houses to operate throughout Brazil until the end of the year. The list now includes four more sites, three operated by Sportvip Group and one by Megapix. There are now 100 companies (221 bets) on the
In the first half of 2024, a total of 65 companies registered to pay local taxes and operate sports betting, which came into effect on July 1, 2024. On June 28 last year, the country's government published Executive Decree No. 313, establishing a 15% gross revenue tax for companies, whether they are
In a historic decision, the Brazilian government has set a deadline of December 2024 for gaming operators to secure their licenses or face severe penalties starting January 1, 2025. This requirement is detailed in the new Normative Ordinance 827, published in the Official Gazette of the Union on May
On Monday (2), the Chief of Staff Minister, Rui Costa, appointed lawyer Giovanni Rocco Neto to lead the National Secretariat of Sports Betting and Economic Development of Sport at the Ministry of Sport. His first task will be to validate the approvals of the betting licenses to be authorized by the
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