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Which major international betting company will first receive a license under Brazil's new regulations by June 30, 2025?
3
Resolution / Starting Odds
Bet365 • 25%
DraftKings • 25%
FanDuel • 25%
Other • 25%
Official announcements from the Brazilian Ministry of Sports and company press releases
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.
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Maintain current policy • 25%
Expand to other states • 25%
Cease operations • 25%
Restrict to Rio de Janeiro only • 25%
Raytheon Canada • 25%
Insitu Inc. • 25%
Other • 25%
Hudson Technologies Co. • 25%
Fines imposed • 25%
Other actions • 25%
No action taken • 25%
Operational restrictions • 25%
Crypto derivatives • 25%
Staking services • 25%
Other • 25%
Crypto lending • 25%
Yes • 50%
No • 50%
Comply with regulations • 25%
No official response • 25%
Withdraw services from Brazil • 25%
Lobby against regulations • 25%
Top 2 • 25%
Top 1 • 25%
Below Top 3 • 25%
Top 3 • 25%