A total of 113 companies have officially applied for federal licences to operate online gaming and betting in Brazil, with over 50 applications submitted just yesterday (20 August), the final day for submissions.
Kaizen Gaming, the Greek operator behind the Betano brand, was the first to act, submitting its application on 26 May — just five days after the licensing window opened on 21 May.
The last to file was AF Tecnologia e Soluções Financeiras Ltda, which completed its paperwork just before the window closed.
In recent weeks, major operators like bet365, Sportingbet and Betsson have also joined the rush, securing their places in what is projected to become one of the world’s largest regulated betting markets.
