What Brazil Gaming Regulation Law 14.790/2023 - Fixed-Odds Sports Betting Legalisation requires
Brazil's Law 14.790/2023 (effective December 2023) legalises fixed-odds sports betting and online gaming in Brazil, establishing a federal licensing regime administered by the Ministry of Finance (SPA/MF); operators must obtain a 5-year concession for BRL 30 million, comply with AML/CFT requirements, player protection rules including self-exclusion and deposit limits, and advertising restrictions; market opened 1 January 2025.
Pillar: Gaming & Gambling · Authority: Federal Republic of Brazil - Ministry of Finance (Secretaria de Premios e Apostas - SPA/MF) · Version: 2023-12 · Last updated:
Primary source: https://www.planalto.gov.br/ccivil_03/_ato2023-2026/2023/lei/l14790.htm
SHA-256 integrity: 90d92e1034cec01e808ee6f9efe52d5aac56e71b4cc3b33a33451bbc60623b30
Primary Citations — 6 traced to source
- {"title":"Law 14.790/2023 - Brazil Fixed-Odds Sports Betting and Online Gaming Regulation (December 2023)","url":"https://www.planalto.gov.br/ccivil_03/_ato2023-2026/2023/lei/l14790.htm","section":"Articles 1-5 Market Legalisation; Articles 15-25 Licensing Requirements; Articles 30-40 Player Protection; Articles 45-55 AML Obligations","instrument_type":"National Legislation"}
- {"title":"Brazil Law 9.613/1998 - Money Laundering Prevention (as amended by Law 12683/2012)","url":"https://www.planalto.gov.br/ccivil_03/leis/l9613.htm","section":"Article 9 - Regulated entities including gambling operators subject to COAF reporting obligations","instrument_type":"National Legislation"}
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