The goal of the Rio de Janeiro State Lottery is to attract even more companies to the regulated market and ensure increased revenue, both from the grant itself, of R$5.2 million (US$ 922m), and from the tax associated with the operation, which was set at 5% of the GGR.
The previous deadline ended on August 14, one week before betting houses also submitted their license applications to the Prizes and Betting Secretariat (SPA) of the Ministry of Finance to operate throughout Brazil.
In the federal case, 113 license applications were submitted, while the previous accreditation of Loterj included the submission of accreditation applications from approximately 20 companies. For strategic reasons, Loterj did not disclose the exact number of companies that submitted applications to the agency.
With the new reopening, Loterj continues with its project to become the main Brazilian state lottery and keeps the accreditation process open for sports betting and online gaming companies to register in Rio de Janeiro until the beginning of November.
Apostau RJ, Bestbet, MarjoSports, Caesars Sportsbook/BiG Brazil, RioJogos and Pixbet are already operating in the state.
Other Brazilian, European and North American companies are still in the process of accreditation and undergoing technical analyses and Proof of Concept (PoC).
All information about the Notice is available on the website https://www.loterj.rj.gov.br/
Source: GMB
