The last regulatory pieces fall into place in the lead up to online gambling licensing in Brazil.
Since the beginning of 2024, the Ministry of Finance (Brazil) has been taking several measures to regulate Law No. 14,790/2023 and make licences available. Its Prizes and Betting Secretariat (SPA), among other initiatives, has already issued the following relevant Ordinances:
- Ordinance No. 300/2024 – regulates the requirements and procedures for accrediting Gaming Laboratories for certifying betting systems, live gaming studios and online games to be used by fixed-odds lottery operators.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE NO. 300/2024
- Ordinance No. 615/2024 – regulates general rules to be observed in payment transactions conducted by operators authorised to operate the fixed-odds lottery in the national territory.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE NO. 615/2024
- Ordinance No. 722/2024 – sets out technical and security requirements for betting systems.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE NO. 722/2024
- Ordinance No. 827/2024 – regulates the federal licensing process.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE NO. 827/2024
- Interministerial Ordinance No. 28/2024 – addressing the involvement of the Ministry of Sports in the federal licensing process.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 28/2024
- Ordinance No. 1143/2024 – addressing anti-money laundering (AML/CFT) internal policies, procedures and controls.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 1143/2024
- Ordinance No. 1212/2024 – establishes procedures for the transfer of the revenue generated from fixed-odds betting lottery collections.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 1212/2024
- Ordinance No. 1207/2024 – provides for the technical requirements of online gaming platforms and live gaming studios to be observed by fixed-odds lottery operators.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 1207/2024
- Ordinance No. 1225/2024 – regulates the supervision and inspection of the activities of fixed-odds betting lottery and betting operators.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 1225/2024
- Ordinance No. 1231/2024 – establishes rules and guidelines for responsible gaming and for communication, publicity and advertising and marketing actions, and regulates the rights and duties of bettors and operators.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 1231/2024
- Ordinance No. 1233/2024 – provides for the sanctioning regime within the scope of the commercial exploitation of fixed-odds lottery betting.
DOWNLOAD THE BILINGUAL PDF ON ORDINANCE 1233/2024
In accordance with Ordinance No. 827/2024, issued on 22nd May 2024, the licensing process has already started and will remain permanently open. Unlicensed operators will be considered as operating in the black market as from 1st January 2025. Applicants filing within 90 (ninety) days counted as from 22nd May 2024, will have their licences issued (if they do not encounter any incidents or demands for additional information/documentation) by 31st December 2024.
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ABOUT THE AUTHOR
Neil Montgomery
Neil Montgomery is the founding and managing partner of Montgomery, a Brazilian law firm headquartered in São Paulo and with a presence in Rio de Janeiro, which has pioneered the innovative business model of Lean Full Service – LFS® and specialises in assisting foreign companies doing business in Brazil and Brazilian clients willing to expand their operations overseas.
Neil, who is a dual national (British/Brazilian), holds a Master’s degree in International Law from the University of São Paulo and has more than nearly 30 years of practice (nearly 20 of them dedicated to gaming law). He is the only Brazilian-qualified lawyer to have been ranked in four different categories by Chambers and Partners and is also a published author and speaker at both Brazilian and international conferences (in many areas of law including gaming law).
Neil contributes to Advennt and has written the Brazil online gaming report, which summarises the online gambling market in this jurisdiction.
Montgomery
www.montgomery.adv.br
