Legal sports betting, online gaming launch nationwide in Brazil

Thursday, January 2, 2025 8:23 PM
Photo: Shutterstock
  • Amy Calistri, Covers

At long last, regulated and legalized sports betting is live today in Brazil. Here’s what bettors can expect.

To open accounts, bettors will need to be at least 18 years old, provide Individual Taxpayer Registration (CPF) information, and agree to the use of facial recognition. Bettors will not be able to fund accounts using credit. And bettors won’t be eligible for sign-up bonuses…

At least 68 online gaming and 67 sports betting licenses have received final approval for the launch, according to Brazil’s Ministry of Finance. Brazil’s bettors will find some well-known global names among them, including Entain’s brands Betboo and SportingBet, MGM Resorts’ LeoVegas, Flutter Entertainment’s Betfair, bet365, and Stake.com.