Fixed-odds betting: Learn what is necessary to obtain an authorization in Brazil
Mattos Filho’s experts detail the procedure, requirements, necessary documentation, and deadlines for companies interested in entering this market in Brazil
Subjects
Brazil’s Ministry of Finance has been making progress in the regulation of fixed-odds betting. Resolution No. 827/2024 has established general rules concerning the authorization process for, including the minimum required documentation and applicable deadlines.
The procedure for applying for a permit is complex, involving a thorough analysis of the company’s capability to operate fixed-odds betting activities in Brazil.
Mattos Filho’s Entertainment practice has prepared a guideline on the procedure, application requirements, analysis deadlines, and potential new regulations from the Ministry of Finance.
For further information on betting, please contact Mattos Filho’s Entertainment practice area.