Rei do Pitaco submitted its license application to operate in Brazil on Friday (19 July), becoming the third operator to do so in the country.

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Under the legal entity MMD Tecnologia Entretenimento e Marketing Ltda, Brazil-based Rei do Pitaco joins Betano and Superbet on the list of applicants for a license. With just under a month to go until the 90-day window of preference shuts on 20 August, only three operators have applied.

Beginning in May, the 90-day initial window ensures operators who apply within that time period will have their applications prioritised by the ministry of finance’s Secretariat of Prizes and Bets (SPA), guaranteeing a decision on their applications ahead of the market launch date of 1 January 2025.