The highly anticipated Normative Ordinance No 1,207 was published in Brazil’s Official Gazette of the Union, on Wednesday 31 July, providing clear technical requirements for those seeking an online betting license.
Less than three weeks remain until the initial 90-day window of preference for betting license applications closes, though only five have been submitted to date. But an influx of interest is expected now online gaming rules have been confirmed.
Aposta Ganha CCO Hugo Baungartner expects this latest ordinance to be the catalyst for the majority of operators to apply.
The Prizes and Betting Secretariat (SPA) has been publishing regulations since April, when a four-phase rollout was announced for the end of July.