A company that always operates in accordance with local legislation and has the opportunity to register for a CNPJ to operate in Brazil, has as its next steps in the regulatory process either the payment of a fixed prize of R$30 million (US$5.3m) that will give the right to work with three brands: Betnacional, Mr. Jack Bet and Pagbet.
Founded five years ago in Brazil and led entirely by Brazilians, the NSX Group uses knowledge of the local culture as a major differentiator to compete with the largest global companies operating in the country. The group considers regulation essential for the supervision of fixed-odds betting activities.
“Obtaining the Brazilian license is a significant milestone for us, demonstrating our responsibility for the operation and integrity of our work. Over the past five years, we have not only achieved positive results, but have also competed effectively with global companies. We expect to receive this authorization by the end of 2024, and may start operating in our country in 2025,” said João Studart, CEO of the NSX Group.
The NSX Group, which revolutionized the Brazilian sports betting market through a unique ecosystem with technological solutions, strategic marketing, content, and exclusive services, such as being the first to implement Pix, seeks to provide an increasingly better experience for its users. Therefore, we are investing in equipment and technology to adapt Betnacional and other brands to the new regulations and deliver better and more reliable usability.
“We are committed to offering the best experience to Brazilians, ensuring a safe environment for online entertainment. In addition, we are dedicated to responsible gaming and combating money laundering, prioritizing security and integrity in all our operations,” concludes Studart.
A member of the NSX Group, BetTech, which has revolutionized the Brazilian sports betting market through a unique ecosystem with technological solutions, strategic marketing, content, exclusive services and many success stories, Betnacional follows the concept of “Brazil’s bet” as the fastest service in the country for making withdrawals and deposits for half the Pix.
The company's ambassadors include players and former players Vini Jr., Hernanes, Jaqueline Carvalho, Murilo Endres, André Trindade, Sheilla Castro, Natalia Guitler and Gabriela Freindorfer, singers Thiaguinho, Seu Jorge and Ludmilla, as well as narrator Galvão Bueno.
In stadiums, Betnacional has its brand displayed on advertising panels for games in several state championships and is a sponsor of Rede Globo's Futebol 2024, in addition to holding naming rights for the Série B of the Brazilian Championship, the Rio State Championship, the Pernambuco State Championship and the 24-24 Copa do Nordeste.
Source: GMB
