Market
Will Brazil's regulated online gambling be successfully implemented by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Brazilian Ministry of Sports announcements and reports
Story
Brazil Launches Regulated Online Gambling with R$ 30 Million License Fee and Portaria MESP Nº 125 Starting January 1, 2025
Dec 31, 2024, 02:28 PM
The Brazilian government has announced new regulations for online gambling, set to take effect on January 1, 2025. This includes a list of licensed betting operators, which will be allowed to operate in the country for a fee of R$ 30 million. The Ministry of Sports has also specified the criteria for fixed-odds betting and the authorized sports entities under the new regulations, as outlined in Portaria MESP Nº 125. The introduction of regulated online gambling is considered a major development in Brazil's betting landscape, akin to changes seen in the U.S. following the Supreme Court's decision to strike down PASPA, although experts anticipate potential challenges in implementation.
View original story
Similar markets
Yes • 50%
No • 50%
Ban • 25%
No regulation • 25%
Partial regulation • 25%
Full regulation • 25%
Rejected • 25%
No decision by deadline • 25%
Approved with amendments • 25%
Approved without amendments • 25%
Postponed indefinitely • 25%
Implemented as proposed • 25%
Implemented with modifications • 25%
Not implemented • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
