Latin America · SPA/MF · newly-regulated (2025)
Brazil (SPA) Gaming Licence
The market everyone's chasing — with a serious price of entry. Brazil's federal SPA licence, live since 2025, lets you run fixed-odds betting and online casino across up to three brands for five years. The catch: a BRL 30M (~$6M) grant fee, a Brazilian entity with local ownership, and a rising GGR tax. For operators serious about Brazil. Vantegris runs the whole file.
overview
What is the Brazil (SPA) gaming licence?
Brazil is the hottest regulated gaming market in the world right now — its federal regime went live on 1 January 2025 under Law 14.790/2023, and every major operator wants in. Licences are granted by the Secretaria de Prêmios e Apostas (SPA) within the Ministry of Finance, under Ordinance SPA/MF 827/2024, and cover fixed-odds betting and online casino games.
But this is a heavyweight regulated market, not an offshore permit. The federal licence carries a one-time grant fee of BRL 30 million (about USD 6 million), covering up to three brands for five years. You need a company established in Brazil with at least 20% Brazilian ownership, BRL 30 million in capital and net worth, and a BRL 5 million financial reserve — plus proof of tax, labour, reputational and technical standing. GGR tax is 13% in 2026 (rising to 15% by 2028), with a 0.82% inspection fee and standard corporate taxes on top. For operators serious about Brazil, Vantegris runs the full application.
advantages
Why operators pick Brazil (SPA)
Brazil is one of the largest and fastest-growing regulated gaming markets globally.
The federal licence covers both fixed-odds betting and online casino games.
Operate up to three commercial brands/websites under a single authorisation.
A newly-regulated market where early, compliant entrants build share.
We handle the demanding SPA application end to end, including the local structure and compliance.
head to head
Brazil vs. an offshore permit
| Criteria | Brazil (SPA) | Offshore (e.g. Anjouan) |
|---|---|---|
| Grant / licence fee | BRL 30M (~$6M) | €17,828 |
| Capital required | BRL 30M + BRL 5M reserve | None |
| Local ownership | ≥20% Brazilian | None |
| Tax | 13% GGR + fees | 0% GGR |
| Term / brands | 5 years · 3 brands | Annual · multi-domain |
| Market | Brazil domestic (regulated) | International offshore |
| Best suited to | Large operators targeting Brazil | Fast, low-cost offshore reach |
who it's for
Who the Brazil (SPA) gaming licence suits
requirements
Brazil (SPA) gaming licence requirements
step by step
How to get a Brazil (SPA) gaming licence
- Structure & capital Set up the Brazilian company with the required local ownership, capital and financial reserve. Weeks–months
- Application build Prepare the SPA/MF application, compliance framework and technical certifications. Weeks
- SPA review & grant fee Submit to the SPA/MF, complete due diligence and pay the BRL 30M grant fee on authorisation. Variable
- Launch Go live across up to three brands under the federal licence, with full compliance running. On approval
Not sure Brazil (SPA) is the right fit?
Tell us your product and target markets — we'll confirm whether Brazil (SPA) or another jurisdiction gets you live fastest, at the lowest all-in cost.
pricing
How much does a Brazil (SPA) gaming licence cost?
- Brazilian company structuring
- Full SPA/MF application package
- AML/KYC & responsible-gaming policies
- Regulator liaison through review
- Everything in Licence
- Local ownership & capital structuring
- Technical certification support
- LGPD & compliance build
- Everything in Turnkey
- Banking & Pix/payment introductions
- Corporate accounts
- Ongoing compliance support
Brazil is a major capital commitment: a BRL 30M (~$6M) one-time grant fee, BRL 30M capital/net worth and a BRL 5M reserve, plus 13% GGR tax (2026, rising to 15% by 2028), a 0.82% inspection fee and standard corporate taxes. It only makes sense for operators serious about the Brazilian market at scale.
obligations
Compliance obligations in Brazil (SPA)
technical standards
Technical & IT standards in Brazil (SPA)
after launch
After you go live in Brazil (SPA)
market access
Which markets a Brazil (SPA) licence reaches
A Brazilian SPA licence authorises the regulated Brazilian domestic market. It is not international offshore reach — for broad offshore markets, an offshore permit is the better route. Brazil is for operators who specifically want Brazil, at scale.
Operators must use GEO-IP blocking for restricted countries and any FATF-blacklisted nation. Non-compliance can lead to licence suspension or revocation.
Brazil (SPA) gaming licence FAQ
How much does a Brazil gambling licence cost?
The federal SPA licence carries a one-time grant fee of BRL 30 million (about USD 6 million), covering up to three brands for five years. On top of that you need BRL 30 million in capital and net worth and a BRL 5 million financial reserve — so it is a major capital commitment, not an offshore permit.
What does the licence cover, and for how long?
The federal licence covers fixed-odds betting and online casino games across up to three commercial brands, for a five-year term, under Law 14.790/2023 and Ordinance SPA/MF 827/2024.
Do I need a Brazilian company and partner?
Yes. The applicant must be a company established in Brazil with at least 20% of its share capital held by a Brazilian shareholder, meeting the capital, reserve and compliance requirements.
What tax will I pay?
GGR tax is 13% in 2026 (rising to 15% by 2028 under Complementary Law 224/2025), plus a 0.82% inspection fee on GGR and standard Brazilian corporate taxes (IRPJ/CSLL, PIS/COFINS).
Is Brazil right for me?
Brazil suits large, well-capitalised operators who specifically want its newly-regulated market and can fund the ~$6M grant fee and capital requirements. If you want fast, low-cost international reach, an offshore permit is the far cheaper route — we'll tell you honestly which fits your goals and budget.
Reviewed by the Vantegris licensing team · Last updated July 2026. This page is general information, not legal advice. Licensing requirements vary by jurisdiction and change over time.
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