Brazil publishes key operator requirements for market entry

Brazil publishes key operator requirements for market entry

Article brief provided by SBC News
  • Ted Menmuir, SBC News
October 29, 2023 2:57 PM

Brazil is taking a significant step forward in launching its federal online gambling marketplace. [On Friday], the Ministry of Finance published Ordinance No. 1330, which provides comprehensive requirements for businesses operating within the market.

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As announced in the Ministry’s official gazette, all operators interested in entering the market are required to declare their intentions within 30 days—a measure aimed at “expediting the government’s authorisation process.”

The entry requirements specify that operators must establish ‘specific service centers’ to provide necessary support to customers.

According to SBC Noticias, the ordinance outlines certain restrictions: “The legal text prohibits granting concessions to companies with shareholders, directors, and corporate members who are professional athletes, members of technical committees, referees, and directors of national sports teams, as well as to companies without a subsidiary in Brazil.”