License Name
Federal Online Betting and iGaming Licence under Law 14.790/2023
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Issuing Country/Region
Brazil
Regulatory Body
Secretariat of Prizes and Bets (Secretaria de Prêmios e Apostas, SPA), Ministry of Finance
Types of Regulated Games
Fixed-odds sports betting, online casino games, virtual events, betting exchanges
Market Coverage
Local (Brazil)
Regulator's Reputation
Very Good
Legal Entity Requirements
Locally incorporated legal entity, minimum 20% Brazilian ownership
Minimum Share Capital
R$30 million (fully paid-in)
Directors and Shareholders Requirements
At least one Brazilian resident shareholder with minimum 20% equity; directors require clean criminal/financial records
Anti-Money Laundering (AML) Requirements
Comprehensive AML policies and procedures; compliance with Brazilian FIU (COAF) standards
Data Protection Requirements
Compliance with Brazilian General Data Protection Law (LGPD)
Reporting Requirements
Monthly financial reports to SPA; player and transaction data in real time to government systems (SIGAP)
Audit Requirements
Annual external audit by Brazil-registered firm; random regulatory audits
Software Certification Requirements
Certified gaming software required; technical documentation must show system integrity
RNG Certification
Certification required for online games determined by random number generators
Payment System Requirements
Only approved payment providers; deposits via debit card and PIX only (credit cards prohibited)
Server Location Requirements
Must enable secure and monitored access for the SPA; Brazilian server or compliant cross-border access typically required
Domain Name Requirements
Exclusive use of bet.br domain; all other domains blocked for licensed operations
Language Support Requirements
Portuguese mandatory
Currency Support Requirements
BRL required for all transactions
Legal Compliance Costs
Legal and compliance advisory typically from R$100,000+ per year; system audits may add R$200,000–R$500,000
Background Checks
Rigorous criminal and financial background checks for all key personnel
License Scope Restrictions
License covers up to three distinct brands; strict prohibition on minors and illegal activities
Jurisdictional Tax Compliance
12% on Gross Gaming Revenue (GGR); other federal/state taxes apply
Player Data Storage Requirements
Secure, compliant storage with local regulatory access
Cross-Border Operations
Only via locally licensed entity; cross-border brands must establish Brazilian subsidiaries
License Application Transparency
Full notarized and legalized documentation; ultimate beneficial ownership declarations
Regulatory Contact Point
SPA compliance division
Compliance Officer Requirement
Dedicated compliance officer resident in Brazil with AML/data protection expertise
Local Partnership Requirements
Minimum 20% Brazilian ownership; local partnership/facilitation encouraged but not mandatory beyond equity requirement
Legal Dispute Resolution
Brazilian courts; commercial arbitration possible if specified
License Transferability
Non-transferable without SPA approval
Sub-Licensing Rules
Not permitted
License Cost
R$30 million (one-time official licensing fee for 5-year term)
Annual Fees
None explicitly stated; ongoing compliance costs apply
Income Taxes
12% GGR; additional corporate taxes may apply per regular Brazilian law
Player Winnings Taxes
15% tax withheld on player winnings
Financial Guarantees
R$5 million reserve capital for payouts and obligations
Liquidity Requirements
Sufficient liquidity demonstrated and monitored
Financial Reporting Requirements
Monthly reporting to SPA; other regular reports upon request
Application Processing Time
90–150 days (3–5 months)
Required Documents
Company registration and bylaws, UBO declaration, criminal and financial record certifications, proof of office, compliance/technical/certification dossiers
Business Plan Requirements
Comprehensive operational and compliance plan required
Internal Policy Requirements
AML, responsible gaming, KYC, match-fixing, data protection manuals
Testing Requirements
Game and platform technical tests required before and after launch
Certification Requirements
Mandatory equipment/software certification by recognized labs
Staff Qualifications
Relevant industry/business experience; background checks
Physical Office Requirements
Maintained physical office in Brazil
Local Representative Requirements
At least one Brazilian-resident director/compliance officer
Marketing Restrictions
Strict ban on advertising to minors; compliance with CONAR codes required
Responsible Gaming Measures
Responsible gaming officer mandatory; player protection features enforced
Self-Exclusion System
Operators must provide robust self-exclusion mechanisms
Age Verification Procedures
Rigorous age and ID checks before account activation
KYC Procedures
Full due diligence and ongoing monitoring
Customer Support Standards
Portuguese-language support must be available
Complaint Handling Procedures
Must participate in national consumer dispute resolution platform
Player Funds Protection
Requirement for secure, segregated fund management
Payout Timelines
Not specified; subject to regulatory oversight and transparency standards
Bonus and Promotion Regulations
Regulated; must comply with advertising and consumer protection rules
Permitted Games List
Sports betting, online games of chance, betting exchange; certain events involving under-18s are prohibited
Betting Limits
Not statutorily defined; subject to responsible gaming controls
RTP Requirements
Not explicitly specified; random number generator games must be certified
Jackpot Regulations
Subject to operator proposal and SPA approval
Live Game Requirements
Permitted if fully certified and regulated compliance is demonstrated
Mobile App Compliance
Held to same standards as web platforms
Affiliate Program Rules
Permitted under full compliance oversight
Security Standards
Robust system integrity, technical, and data security standards (following national requirements)
Encryption Requirements
Mandated for all player personal and financial data; industry standard SSL/TLS
Backup Requirements
Secure, auditable system backup procedures required
Monitoring Systems
Real-time monitoring of all transactions via government SIGAP system
Operation Logging
Comprehensive logging of all financial and betting transactions
Anti-Fraud Systems
Fraud detection/prevention systems mandatory
API Integration Standards
Compliance with SPA technical integration conditions
Hosting Requirements
Secure and transparent; must allow regulatory access
CDN Usage
Not specified
Scalability Requirements
System must support large-scale player volumes and integrity controls
Uptime Requirements
Not explicitly specified, but ongoing operational stability is required
Technical Support Availability
Not specified
License Duration
5 years
Renewal Procedure
Application and payment required; SPA review of ongoing compliance
Penalties for Non-Compliance
Licensing may be revoked, fines up to R$2 billion, site blocking
Ownership Change Rules
Notification and approval required for shareholding or control changes
Mergers and Acquisitions Rules
Regulatory notification and approval may be required
Subcontractor Regulations
Third-party service providers must comply with local law; SPA may require approval
Branding Requirements
Only bet.br domains; must comply with responsible gaming messaging requirements
Intellectual Property Protection
Operators responsible for legal compliance
Dispute Arbitration
Disputes may be subject to Brazilian courts or arbitration per contract
Insurance Requirements
Not specified
Charity Contributions
Not specified
Staff Training Requirements
Ongoing staff training required for compliance systems
Innovation Support
No specified sandbox; system is open to tech updates with approval
Sustainability Initiatives
Not specified
Accessibility Standards
Not specified
Multilingual Support
Portuguese required
Cryptocurrency Support
Not permitted
Esports Betting Regulations
Permitted as virtual events under regulated framework
Fantasy Sports Regulations
Not specified
Official Address
Secretariat of Prizes and Bets (SPA), Ministry of Finance, Esplanada dos Ministérios, Bloco P, 70048-900, Brasília, Brazil
Online Application Portal
https://www.gov.br/fazenda/pt-br/assuntos/seap
FAQ Question 1
What is Federal Online Betting and iGaming Licence under Law 14.790/2023?
FAQ Answer 1
The Federal Online Betting and iGaming Licence is a Brazilian government authorization allowing companies to offer fixed-odds betting and online gambling using the bet.br domain, under strict national regulation.
FAQ Question 2
Which jurisdiction issues Federal Online Betting and iGaming Licence under Law 14.790/2023?
FAQ Answer 2
This licence is issued by the Secretariat of Prizes and Bets (SPA), under the Ministry of Finance, Brazil.
FAQ Question 3
What is the cost of obtaining Federal Online Betting and iGaming Licence under Law 14.790/2023?
FAQ Answer 3
The official licensing fee is R$30 million (approx. US$6.1 million) for a five-year term, plus compliance and audit costs.
FAQ Question 4
What are the main requirements for Federal Online Betting and iGaming Licence under Law 14.790/2023?
FAQ Answer 4
Main requirements include local company with at least 20% Brazilian ownership, R$30 million paid-in capital, R$5 million reserve, rigorous AML/KYC controls, compliance with technical certification, using bet.br domain, and ongoing regulatory reporting.