The Swedish bookmaker Betsson has taken a 75% stake of Suaposta, which is one of the first betting brands to ever operate in Brazil. The Stockholm-based bookie is aiming at expanding into the Brazilian betting market and the best way to achieve this was through the acquisition of a majority stake of one of Brazil’s leading bookies.
Suaposta has a long-standing partnership with the Rio Grande do Sul Jockey Club (JCRGS) and is known as the only authorized online horse race betting operator in Brazil. Its founders, Andre Gelfi and Fernando Correa, will keep on being in charge of the company’s local operations.
Andre Gelfi seemed very pleased that his company will join forces with Betsson as he stated that the imminent partnership will help them contribute to the development of the Brazilian online betting market.
Betsson hasn’t publicly acknowledged yet the deal with Suaposta, nonetheless this is expected to happen very soon. The Nordics are very optimistic regarding the regulation of betting in Brazil and the forthcoming licensing of international operators, that's why they have chosen to invest in the local market.
Why choose Betsson
- Experienced and stable bookie
- Suitable for novice players
- Great range of sports
- Huge selection of alternative betting markets
- Quick withdrawals
- Cash out
- Easy navigation
- Live streaming
Swedes, by tradition, are always focusing on making things easy to use, so we are not surprised that Betsson’s website is one of the most user friendly in the betting industry. Even fresh punters will get the hang of www.betsson.com in no time. They went online in 2001 and although there have been some ups and downs, they have successfully developed a great number of alternative betting markets, such as TV shows and awards, to the highest standard. In traditional kinds of betting their services are sufficient, but do not offer something significant. A great plus is that their withdrawals through e-wallets are free of charge, but they do not offer a vast selection of payment methods. A possible increase to their bonus policy would boost them even further.