Latin America
Brazil licence.
SPA
No new fixed-odds online casino launch under the 25 September 2026 prohibition; assess only a verified lawful alternative if available.
What the regulator asks for
Year one cost
Fixed-odds betting/online-games authorisations barred by MP 1,394/2026; no new market entry
Brazilian Ministry of Finance: Provisional Measure 1,394 of 25 September 2026 prohibits fixed-odds betting, including the online games covered by the regime, and sets procedures for winding down existing authorisations. Historical R$30 million / five-year authorisation is not an actionable 2026 licence quote. Confirm the measure's legislative status before any market-entry decision.
Timeline
4-6 months from clean dossier
SPA was under-resourced through 2025-early 2026 (TCU formal criticism). Q1 2026 capacity improving.
Gaming tax
Former fixed-odds operator levy rates are historical and not a new-entry business model: MP 1,394/2026 prohibits the covered online-gaming and betting activities from 25 September 2026. Any remaining wind-down taxes and cross-border liabilities require separate advice.
Marketing climate
Tightening. Ordinance SPA/MF 1,231/2024 and CONAR Annex X frame advertising. Affiliate liability rules tightened. Bolsa Família and BPC recipients excluded via centralised self-exclusion (December 2025).
The market
Brazil authorised national fixed-odds bets and certain online games from 1 January 2025, but Provisional Measure 1,394 of 25 September 2026 prohibited offering, operating, intermediating and advertising those activities, including by overseas operators targeting Brazil. The Ministry of Finance published a transitional wind-down framework; the former .bet.br licensing process must not be promoted as an open 2026 casino-entry route.
How the application runs
SPA application via Brazilian entity. Technical certification. Local hosting elements. SIGAP integration.
Ongoing compliance
Centralised self-exclusion. SIGAP real-time reporting. AML under Brazilian framework. Affordability and behavioural-monitoring obligations.
What you can and cannot say
".bet.br" domain. Affiliate-liability framework. Tightening creative restrictions; broadcast and influencer rules under further development.
The honest read
What it means for your plan
STOP new-entry feasibility under the former fixed-odds online-gaming framework pending an official reversal or new law. Confirm current constitutional and congressional status with Brazilian local counsel before modelling investment.
For operators planning next steps
From a licence comparison to an operator launch plan
Fees and requirements alone do not establish eligibility or readiness. Confirm current regulatory conditions with the authority and then plan product, payments and implementation.
Get 3 actions
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