In all, 44 companies have already filed applications with the Prizes and Betting Secretariat to operate in the betting market. August 20 was the deadline for companies in the sector to apply for a license so that they can operate legally as of January 1 of next year.
According to the schedule, approved companies will be notified by November 18, and will then have 30 days to make the payment of R$30 (US$ 5.5m) million for the license.
“The audit process for companies follows a well-defined flow. First, companies must obtain specific certifications, which are fundamental prerequisites. Since we operate as a global platform, this puts us ahead of the curve to work with a solution that has already been successful and regulated in other countries. This gives us a solid foundation of security and compliance,” comments Márcio Malta, CEO of Sorte Online.
After submitting the application, all companies that have their requests approved will go through the audit process. This process involves evaluating the platform, the policies implemented and the operational details, ensuring that the company is reputable and able to take care of bettors properly.
"The Brazilian market is still in the learning process, but the recent Treasury ordinances represent a significant step forward in terms of regulation. Meeting all the requirements of the ten ordinances is a complex challenge, but we are ready to overcome it and contribute to a fair, prosperous and safe betting market for everyone," he highlights.
"Our expectations are the best possible, especially because we will have the opportunity to continue helping and building the Brazilian market. We want to offer more options to our bettors, allowing them to have fun in different places and modalities, and thus increase the chances that luck will smile upon them even more," concludes the executive.
Levante Brasil Ltda. is a holding company in the national betting market, which is in the process of applying for a license related to the operation of online gaming and sports betting. Sorte Online, operating under the .bet domain, is one of its brands, which will expand its business units with the new betting and online gaming verticals and diversify its portfolio of services.
Updated list of the Betting Management System (Sigap) this Saturday (17):
001 – Kaizen Gaming Brasil Ltda (BETANO)
002 – SPRBTBR Ltda (SUPERBET)
003 – MMD Tecnologia Entretenimento e Marketing Ltda (REI DO PITACO)
004 – Ventmear Brasil S.A. (SPORTINGBET)
005 – Big Brazil Tecnologia e Loteria S.A. (CAESARS SPORTSBOOK)
006 – NSX Brasil S.A. (BETNACIONAL, MR. JACK e PAGBET)
007 – Apollo Operations Ltda (KTO)
008 – Simulcasting Brasil Som e Imagem S.A. (BETSSON)
009 – Galera Gaming Jogos Eletrônicos S.A. (GALERA.BET)
010 – F12 do Brasil Jogos Eletrônicos Ltda (F12)
011 – Blac Jogos Ltda (SPORTYBET)
012 – EB Intermediações e Jogos S.A. (ESTRELABET)
013 – Reals Brasil Ltda (REALS)
014 – Betfair Brasil Ltda (BETFAIR)
015 – OIG Gaming Ltda
016 – Hiper Bet Tecnologia Ltda (HIPERBET)
017 – NVBT Gaming Ltda (NOVIBET)
018 – Seguro Bet Ltda (SEGUROBET)
019 – Gamewiz Brasil Ltda
020 – Gamewiz Brasil Ltda
021 – HS do Brasil Ltda (BET365)
022 – Aposta Ganha Loterias Ltda (APOSTA GANHA)
023 – Futuras Apostas Ltda (BRAZINO777)
024 – Sorento Bay Ltda (BETWAY)
025 – Lucky Gaming Ltda (4PLAY.BET)
026 – Grove Eagle Gestão de Bens Ltda (ESTADIUM)
027 – H2 Licensed Ltda (H2BET e SEUBET)
028 – SC Operating Brazil Ltda (VBET)
029 – CDA Gaming Ltda (CASA DE APOSTAS e BETSUL)
030 – Esportes Gaming Brasil Ltda (ESPORTES DA SORTE and ONABET)
031 – Fast Gaming S.A. (BETFAST.IO)
032 – Suprema Bet Ltda (SUPREMA.BET)
033 – Betesporte Aposta Online Ltda (BETESPORTE and LANCE DE SORTE)
034 – RRX Soluções Tecnológicas Ltda
035 – King Panda Group Ltda (KINGPANDA)
036 – Boa Lion S.A. (LEOVEGAS)
037 – Betspeed Ltda (BETSPEED)
038 – Defy Ltda (1XBET)
039 – Blow Marketplace Ltda
040 – Levante Brasil Ltda (SORTE ONLINE)
041 – Digiplus Brazil Interactive Ltda
042 – Pixbet Soluções Tecnológicas Ltda (PIXBET)
043 – Lema Administração e Participações S.A. (RIO JOGOS)
044 – Hope Gaming Ltda (PLAYPIX)
Source: GMB