Brazilian Entrepreneur Files Application for Sports Betting and iGaming License
A Blazing Entry into Brazil's Regulated Gambling Market: Aposta Ganha's Ambitious Leap
Witness the thunderous entry of Aposta Ganha, Brazil's swiftest-growing sports betting and casino behemoth, into the nation's regulated gambling domain. Armed with the determination to redefine the market, Aposta Ganha has inked its application for a license through the Betting Management System (Sigap).
Grupo Aposta Ganha's Legal Maestro, Gustavo Henrique, enthusiastically shared,
Ever since establishing its roots in the South American terrain half a decade ago, Aposta Ganha has been playing by the book, demonstrating its readiness and capacity to function within the confines of a regulated market. From 1st January 2025, this pioneering operator will assume a leading role in Brazil's fresh chapter, under the watchful gaze of the Secretariat of Prizes and Betting (SPA) of the Ministry of Finance. With operations straddling Brazil and Mexico, Aposta Ganha has consistently met legal requirements, leaving an indelible imprint upon authorities, customers, and society as an exemplary player.
Fearless advocate of Responsible Gaming, Aposta Ganha extends its hospitality exclusively to gamers aged 18 and above on its digital platform. Such stringent legal prerequisites are the bedrock of Aposta Ganha's operations, even surpassing the stringent measures dictated by SPA regulations.
By the officer's call, Aposta Ganha now stands ready to embark on its regulated journey commencing 1st January 2025, awaiting the SPA analysis for the Brazilian government's official nod.
Grace Lourenço, the assertive CEO of Grupo Aposta Ganha, underscored the company's unwavering commitments:
Insights:
- In Brazil, a burgeoning regulated market for sports betting and casinos is undergoing a transformative phase with new regulations that aim to fortify the industry and foster a competitive, responsible environment.
- With the inclusion of esports betting, stringent licensing criteria, regulatory roadmaps, consumer protection guidelines, and a focus on responsible gambling, the market is poised for growth and development.
- iGaming operators are subject to a 12% tax on their Gross Gaming Revenue, along with various other regulatory obligations and fees.
- Emphasis is placed on consolidating the betting ecosystem, promoting transparency, and combating the black market.
Having secured an application for a license through the Betting Management System (Sigap), Aposta Ganha, a Brazilian sports betting and casino giant, will complete their entry into Brazil's regulated gambling market on January 1st, 2025. With a commitment to promoting responsibility, security, and transparency, Aposta Ganha stands ready to engage in competitive camaraderie within the industry. As a pioneering operator, Aposta Ganha has demonstrated its capability to adhere to the strictest legal requirements, extending its hospitality to gamers aged 18 and above on its digital platform.
