LUN 25 DE NOVIEMBRE DE 2024 - 06:37hs.
Second company to request

Superbet presents official application for license to operate sports betting and iGaming in Brazil

Superbet applied for a license to operate sports betting and online gaming in Brazil this Thursday (11). It is the second company to submit the request in the SPA/MF Betting Management System (Sigap). With this, Superbet is eligible to receive authorization by the end of this year and begin its regulated operation from January 1, 2025.

Superbet submitted its request for authorization to the Secretariat of Prizes and Betting (SPA) of the Ministry of Finance, via the Betting Management System – Sigap, presenting the application on behalf of SPRBTBR Ltda.

With the entry of the request, Superbet, according to information from the SPA, has the guarantee that the authorization will be granted by December 31, 2024, as this is the deadline established for companies that present their orders by August 20th this year.

Superbet Group is a technology and entertainment company founded in 2008, in Romania, whose mission is to provide millions of consumers around the world with sports and gaming entertainment through technology.

The group is present in 12 countries, either as an operation or as a technological hub, the most important of which are Romania, Belgium, Poland and Serbia.

In 2019, the North American fund Blackstone, the largest alternative asset manager in the world, made a strategic minority investment of 175 million euros in the company, expanding the brand's operations globally.

In Brazil, Superbet has been operating since 2023, when it appointed Alexandre Fonseca as local CEO, responsible for the management that took Betano to the top shelf of the Brazilian betting market.

The executive committed to doing the same with Superbet, which he has run since September last year. The company decided that it would enter Brazil after realizing that the local market was on the verge of being regulated. And with ambitious goals, it signed three important master sponsorship contracts in football, with São Paulo, Fluminense and América.

A leader in compliance and best practices, Superbet is a member of the International Betting Integrity Association (IBIA), a non-profit trade body that represents the interest in integrity of the largest companies and licensed online betting operators in the world.

Source: GMB