Brazilian gambling group Aposta Wins Fixed-Odds Betting Authorization
Grupo Aposta Ganha, the fastest-growing player in Brazil’s booming sports betting and online gaming scene, has officially been green-lit to offer fixed-odds lottery betting services in the bustling nation. The license, overseen by the Ministry of Finance’s Secretariat of Prizes and Betting (SPA), covers both sports-themed wagering and online gaming and underlines Grupo Aposta Ganha's dedication to a fully monitored and responsible betting market. Valid through December 31, 2029, the license comes following the company's efforts toenshrine themselves within a governed Brazilian gambling landscape.
Under the watchful eyes of the SPA, Grupo Aposta Ganha is now subject to stringent regulatory measures set forth by Brazilian laws such as 13,756/2018 and 14,790/2023. With registration number 0022 in the Betting Management System (Sigap), Aposta Ganha is one of the inaugural operators granted permission to operate within the SPA's auspices.
Grupo Aposta Ganha has long emphasized Responsible Gaming principles, implementing these values across all business operations, even prior to the SPA's implementing its more extensive oversight rules.
As Grupo Aposta Ganha's CEO, Ramon Lima, stated: "Securing this license represents the fruition of our tireless work in collaboration with the SPA, and meeting the expectations of a regulated betting market in Brazil has always been our number one goal. We're ecstatic to be playing such an essential role in fostering a sustainable betting market within our country."
With this new license, Grupo Aposta Ganha likely must abide by a series of strict operational and responsible gambling mandates. This includes geolocation tracking to maintain operations within established jurisdictional boundaries, certification, and regulatory compliance processes, and a requirement to launch a self-exclusion system by Q1 2025. Furthermore, operators must adhere to upcoming data-sharing rules for the prevention of barred users from accessing services, as well as participate in the sharing of exclusion data.
Notably, fixed-odds betting operators are barred from wagering on non-sporting events, such as political or religious outcomes, and must take precautions to prevent conflicts of interest with state lotteries. Grupo Aposta Ganha's authorization suggests the company has complied with these geolocation, certification, responsible gambling, and evolving SPA regulations since its establishment.
- Grupo Aposta Ganha, a leader in Brazil's sports betting and online gaming sector, has been given approval to offer fixed-odds lottery betting services under the supervision of the Ministry of Finance’s Secretariat of Prizes and Betting (SPA).
- The license, valid until December 31, 2029, allows Grupo Aposta Ganha to offer both sports-themed wagering and online gaming, emphasizing their commitment to a regulated and responsible betting market in Brazil.
- With the registration number 0022 in the Betting Management System (Sigap), Aposta Ganha is one of the first operators authorized to operate within the SPA's oversight.
- As a responsible gaming advocate, Grupo Aposta Ganha has consistently emphasized Responsible Gaming principles and has implemented these values across all business operations.
- The new license requires Grupo Aposta Ganha to abide by strict operational and responsible gambling mandates, including geolocation tracking, certification, and regulatory compliance processes, and the launch of a self-exclusion system by Q1 2025.
- The company's authorization implies that Grupo Aposta Ganha has complied with geolocation, certification, responsible gambling, and evolving SPA regulations since its establishment, and is prohibited from wagering on non-sporting events like political or religious outcomes, and must avoid conflicts of interest with state lotteries.
