Home » News » Brazilian Online Sports Betting Market In Jeopardy

Brazilian Online Sports Betting Market In Jeopardy

The future of authorised online sports betting in Brazil was put in question after exiting president Jair Bolsonaro refused to sign the legislation before it was due to expire on December 12. After years of effort, Brazil finally made the first step in legalising fixed-odds online sports betting with Federal Law No. 13,756/2018, which was passed by the Senate four years ago.

Past Drafts to Legalize Gambling in Brazil

The government was given two years to draft and approve regulations after this law was passed, with the possibility of an additional two-year extension. This meant that the actual deadline was 12 December 2022. The Secretariat of Evaluation, Planning, Energy, and Lottery (SECAP) eventually published the guidelines in May and included a B$22.2m (€4.2m) license fee.

As a result of the outgoing president's failure to sign the regulation, it appears that preparations for legalised sports betting in Brazil have been abandoned. Brazilian-based bookmakers will not be able to operate, while those with foreign licenses are likely to still be permitted.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

KSA and UKGC collaborate on regulatory best practices

Kansspelautoriteit (KSA), the Dutch gambling regulator, has entered a ‘cooperation agreement’ with the United Kingdom Gambling Commission (UKGC). The ...

Four GVC brands secure German betting licenses

The Regional Council of Darmstadt in Germany has awarded its first 15 betting licenses with immediate effect. Among the renowned operators that now ho...

Betano Lands Giannis Antetokounmpo As Global Brand Ambassador

NBA star Giannis Antetokounmpo has signed a contract with Betano, making him their first-ever global brand ambassador. The Milwaukee Bucks superstar, ...

Government Review of FOBTs to Define GVC Move on Ladbrokes Coral

GVC Holdings has already had two failed attempts of acquiring Ladbrokes Coral, most recently last August when the betting giant offered a reported £3....

Netherlands regulates its online gambling market

The Netherlands as of today, October 1, 2021 has officially opened its regulated online gambling market, allowing local players to place legal online ...

Megapari Named Best Sportsbook at the 2024 SiGMA Awards

On November 13th, the prestigious SiGMA B2C Awards were held at the Grandmaster Suite in Hilton Malta. The ceremony featured several distinguished cat...

Bookmakers With A Dedicated Euro 2024 Section

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Serie A suspends 1xbet sponsorship

The Italian Serie A took a bold step on Wednesday 15/11 and decided to suspend their sponsorship with Russian bookmaker 1xbet. As quoted by the league...

Conor McGregor Next Fight Odds

After a nearly three-year absence, Conor McGregor will fight Michael Chandler in UFC 303 on June 30th. UFC president Dana White announced the clash, w...

Betsson expects at least €199m revenue for Q3

For Q3 of the year, Betsson Group anticipates a minimum revenue of €199 million, which would mark the company’s second straight quarter of recor...

Bookmakers A-Z List

Full List is Loading...

TOP BOOKMAKERS

On Bookmakers.bet you can find the best and most reliable online bookmakers. You are advised to sign up and place your bets on our trustworthy premium partners. Click on each bookie's logo to read a detailed review, view the Book Spy's comments and reviews from other players or click on the “All Bookmakers” option to view our complete list of betting companies.

PREMIUM BOOKMAKERS

Accept players from your country

100% up to $130

exclusive

Claim

100% up to €122

exclusive

Claim

100% up to $250

Claim

50% up to $200

Claim

100% up to $150

Claim

100% up to €100

Claim

100% up to €100

Claim

100% up to $130

exclusive

Claim

Add Exclusive Promo Code: BMBMEGA. Get 100% up to $130 (Default Bonus 100% up to $100).

100% up to $100

Claim

Claim

Claim

150% up to $100

exclusive

Claim

Exclusive 120% up to €120

exclusive

Claim

100% up to €200

Claim

100% up to €500

Claim

100% up to $130

Claim

Claim

100% up to $250

Claim

50% up to $200

Claim

100% up to $150

Claim

100% up to €100

Claim

100% up to €100

Claim

100% up to $130

exclusive

Claim

Add Exclusive Promo Code: BMBMEGA. Get 100% up to $130 (Default Bonus 100% up to $100).

100% up to $100

Claim

Claim

Claim

150% up to $100

exclusive

Claim

Exclusive 120% up to €120

exclusive

Claim

100% up to €200

Claim

100% up to €500

Claim

All Bookmakers

Players Reviews

Rate the bookmaker of your choice and help the community grow. Before you submit your review, please read the Terms & Conditions.

Payment Methods

On this section you may find which bookmakers will allow deposits through Credit Cards, Skrill, Neteller and Crypto. You can also view information for every deposit and withdrawal method.

Bookmakers with Visa

Bookmakers with Skrill

Bookmakers with Bitcoin

View all the bookmaker deposit methods here

Bookmakers.bet Commitments

On Bookmakers.bet, we are committed to giving valuable betting advice to all levels of players. Whether you are an amateur or a professional bettor, we will show you all the necessary steps to become successful. From fundamentals, such as opening an account and completing the KYC process, to advanced principles, like avoiding scam bookmakers and making the most out of the bonuses, we have all bases covered.

Safe Bookmakers

Although it might seem tempting to sign up with an unverified bookmaker offering a huge welcome bonus, you may be caught in a scam. It is far preferable to choose a well-known and respected sportsbook. With so many options, doing the research can be time-consuming and tedious. On our Bookmaker Ratings page, you can find a complete list of trusted bookies alongside an honest review for every sportsbook.

New Bookmakers

It’s no secret that online gambling has exploded during the past decade. More and more users enjoy the occasional wager on their favorite sports and leagues. This is why New Bookmakers appear daily. Of course, competing with established sites is not easy. For that reason, new sportsbook tend to provide better bonuses, higher odds and quicker withdrawal

Scam Betting Sites

The unfortunate truth of online betting is that numerous sites are after your hard-earned money. Rejecting withdrawals, bonus cheating, closing accounts, offering fake odds and rigged games are only some of their common practices. Therefore, we have compiled a list of known Scam Bookmakers. Also, since new bookies appear regularly, we update our list daily based on reviews and player comments.

Mobile Betting Apps

Many online bookmakers have developed Mobile Betting Apps where the offering is accessible to a smartphone at any time. However, they are not all equal in terms of navigation, features and design. For that reason, we have evaluated all available applications and given you all the necessary information, including how to download them, as well as which ones offer Live Streaming on full screen and which bookmakers come with mobile-only bonuses

Brazilian Online Sports Betting Market In Jeopardy

Past Drafts to Legalize Gambling in Brazil

More articles