iGaming Brazil

Caixa Loterias formalizes request to enter the sports betting and online gaming sector

Caixa Loterias formaliza pedido para ingressar no setor de apostas esportivas e jogos online

Foto: Agência Brasil

This Tuesday (20), Caixa Loterias joined dozens of other companies interested in operating in the sports betting and online gaming market in Brazil.

The president of Caixa Econômica Federal, Carlos Antônio Vieira, had already revealed his intention to join this rapidly expanding segment in the national territory.

Interest from Caixa Loterias

“We want to recover lost space in this segment. Today, 52% of revenue from lotteries and betting in Brazil comes from Caixa. But our potential is to reach 65% of the market”, said Vieira in an interview with CNN.

Furthermore, Vieira assured that Caixa Econômica is concerned with encouraging a responsible approach to betting. “We will promote educational campaigns”, he highlighted.

The deadline for submitting license requests closes in the next few hours, but the number of candidates exceeded market and Betting Secretariat (SPA) expectations.

To date, 92 requests have been registered in the Betting Management System!

Check the updated list

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