Esportes da Sorte requests license for sports betting segment

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Grupo Esportes da Sorte is closer to operating in the regulated sports betting and online gaming market in Brazil from 2025.

The company completed the necessary documentation and forwarded the authorization request to the Secretariat of Prizes and Bets of the Ministry of Treasury (SPA/MF). Furthermore, the request is already included in the Betting Management System (SIGAP).

Grupo Esportes da Sorte, leader in the regulatory process, believes that the new rules will bring benefits such as job creation. In addition to new courses, more credibility for the sector and greater security for companies and bettors.

The authorization request is crucial for companies to be able to operate in the country in 2025, when requirements such as the payment of R$30 million for the grant and proof of economic and financial capacity will be required.

Companies will also need to have headquarters in Brazil, customer service channels, in addition to following good advertising practices and promoting integrity.

According to Darwin Henrique da Silva, CEO of Grupo Esportes da Sorte, “we celebrate this moment in which we are ready to operate in a regulated market in Brazil.

It will be a milestone that will bring more credibility to the segment, leaving only companies with an unblemished reputation, and that adopt best practices, such as compliance, fraud prevention and the promotion of responsible gaming.”

Authorization Guidelines

The guidelines for authorizations are in ordinance SPA/MF 827, published in May 2023. The ordinance establishes that companies that submit their requests by August 20th will receive a response from the government by December 31st, 2024.

In addition to Esportes da Sorte, the group includes Onabet, an online betting platform, and EDS Cap, which sells capitalization bonds approved by SUSEP. Onabet, with more than a year of operation, has an “excellent” rating on Reclame Aqui and is highly recommended.

About Esportes da Sorte

Esportes da Sorte, honoring the slogan “it’s much more than betting”, is increasingly present in different segments. In football, the company sponsors traditional Brazilian clubs, such as Corinthians, Palmeiras, Grêmio, Athletico, Bahia, Ceará, Náutico, Santa Cruz and ABC.

Furthermore, in the entertainment sector, the company has ties with major influencers, such as Carlinhos Maia, Léo Santana, Michel Teló, MC Daniel, Jojo Todynho, Lore Improta, Gkay, among others. Finally, in the shows and events market, the brand also has a strong presence in the main and largest projects in Brazil.

Still in the entertainment sector, the company was present in the last two editions of Big Brother Brasil, in addition to having a strong partnership with CazéTV.