Brazilian Group Aposta Obtains License for Fixed-Odds Wagering Operations

Brazilian Group Aposta Obtains License for Fixed-Odds Wagering Operations

In a significant move for Brazil's rapidly expanding gaming industry, Grupo Aposta Ganha has been granted authorisation to operate fixed-odds lottery betting. This licence, issued by the Secretariat of Prizes and Betting (SPA) of the Ministry of Finance, runs until December 31, 2029.

The authorisation covers sports-themed and online gaming, with Grupo Aposta Ganha's registration number in the Betting Management System (Sigap) being 0022. Ramon Lima, CEO of Grupo Aposta Ganha, expressed his delight at playing a key role in supporting a sustainable betting market in Brazil.

Lima collaborated with the SPA under the Ministry of Finance to secure the license. The authorisation is a testament to Grupo Aposta Ganha's commitment to a fully regulated and responsible betting market.

The key regulation governing fixed-odds betting in Brazil is Law No. 14,790/2023, which marked the beginning of Brazil's formal regulatory framework for the fixed-odds betting market. This law, enforced by the SPA, sets out licensing requirements, administrative penalties, and mechanisms such as settlement agreements ("Termos de Compromisso") to ensure regulatory compliance and reduce litigation costs.

As of January 1, 2025, Brazil officially launched its regulated market for betting and online gambling, making licenses mandatory for companies to operate legally in fixed-odds betting. Companies must hold provisional or permanent licenses issued by SPA to operate. The government actively combats illegal operators to protect market competitiveness and bettor confidence.

While the available search results do not specifically list all licensed operators, companies operating legally must have obtained SPA-issued licenses post-Law 14,790/2023. The focus has been on shutting down unlicensed operators to consolidate the regulated market.

Ramon Lima, CEO of Grupo Aposta Ganha, stated that operating within a regulated Brazilian market was their goal. By securing this licence, Grupo Aposta Ganha is strengthening its position in Brazil's gaming industry. The company remains committed to Responsible Gaming, a commitment that predates the SPA's stringent measures.

In conclusion, the licensing of Grupo Aposta Ganha marks a significant step forward for Brazil's gaming industry. The company's commitment to a regulated and responsible market is commendable and sets a positive example for other operators in the industry.

1. With the licence issued by the Secretariat of Prizes and Betting (SPA) of the Ministry of Finance, Grupo Aposta Ganha can now extend its operations to sports-themed and online sports betting, along with other forms of online gaming.
2. As part of the government's efforts to combat illegal operators and consolidate the regulated market, companies like Grupo Aposta Ganha must hold licences issued by SPA to operate legally in fixed-odds betting and online gaming, with the company's registration number in the Betting Management System (Sigap) being 0022.
3. By securing this licence, Grupo Aposta Ganha has solidified its position in Brazil's gaming industry, demonstrating a commitment to operating within a fully regulated and responsible market, setting an example for other casino-and-gambling operators to follow.

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