The Ministry of Treasury, through the Secretariat of Prizes and Bets (SPA), published in the Official Gazette of the Union this Tuesday (15) the Ordinance SPA/MF No. 806, which authorizes the company Pixbet Soluções Tecnológicas Ltda to explore the fixed-odds betting modality in Brazil.
The authorization covers the brands Pixbet, FlaBet and Bet da Sorte, both in the sports segments and in online games, in physical and virtual modalities, valid until January 5, 2030.
Ordinance granting Pixbet permission to operate in Brazil in full:
“ORDINANCE SPA/MF Nº 806, OF APRIL 14, 2025
THE SECRETARY OF PRIZES AND BETS OF THE MINISTRY OF TREASURY, in the use of the powers conferred on him by art. 55, item I, of Annex I of Decree No. 11,907, of January 30, 2024, and in view of the provisions of Law No. 13,756, of December 12, 2018, and Law No. 14,790, of December 29, 2023 , solves:
Art. 1 Authorize the following legal entity to explore the fixed-odds lottery betting modality, under the terms of Laws No. 13,756, of December 12, 2018, and No. 14,790, of December 29, 2023, of the Ordinances issued by the Prizes and Betting Secretariat and based on the information contained in SIGAP process No. 0042/2024:
– Corporate Name: PIXBET SOLUÇÕES TECNOLÓGICAS LTDA
– CNPJ: 40.633.348/0001-30
– Brands: PIXBET, FLABET and BET DA SORTE
– Segments: sports themes and online games together
– Modalities: physical and virtual together
– Authorization validity: 01/05/2030
Art. 2 This Ordinance shall come into force on the date of publication.
REGIS ANDERSON DUDENA”
Caixa Loterias speaks out after temporary suspension
Caixa Loterias faced a temporary suspension that would prevent it from operating the Betcaixa, Megabet and Xbet Caixa brands. However, the state-owned bank issued a statement clarifying that such a measure would not affect its plans to start betting operations, as the company was still in the preparation phase to enter this market.
In an official statement, Caixa reported: “CAIXA informs that it has been structuring itself for the operation of fixed-odds betting since the beginning of the regulation by the Ministry of Finance. CAIXA Loterias requested, together with the Ministry, authorization for commercial exploration of the modality and received provisional authorization on December 30, 2024, through Ordinance SPA/MF 2,104/2024.
The bank clarifies that the provisional authorization was instituted with deadlines for compliance with all regulatory requirements for granting the definitive authorization, including the period comprising the suspension covered by Ordinance SPA/MF 787/2025.
CAIXA further clarifies that, as it has not started its fixed-odds betting operation, the 90-day suspension does not impact the planned start of the operation, nor the other businesses of CAIXA Loterias.”
Silvio Santos Group advances in the licensing process
TQJ (Todos Querem Jogar), a company in which the Silvio Santos Group maintains a minority shareholding through Sisan Participações, also released an official note clarifying its current status in the licensing process with SPA.
The company highlighted that it has already made the payment of the concession fee within the deadlines established by the government.
In an official statement, the company highlighted: “The company Todos Querem Jogar (TQJ) informs that it is in the process of obtaining a license from the Betting and Gaming Secretariat (SPA) of the Ministry of Treasury to operate in the regulated gaming and betting market in Brazil in 2025 and has already made the payment of the grant within the legal deadlines established by the Government.
Unlike other fixed-odds betting platforms, TQJ is expected to start its activities only in the second half of 2025, after the completion of the authorization requirements process.
For this reason, TQJ is listed as having suspended authorization at the Ministry of Treasury because it is still finalizing the entire operational process and was not included in the list of approved companies released by the Federal Government because it only includes companies that have already completed all stages of the regulatory process to begin operations at the beginning of 2025.
TQJ is committed to complying with all legal and operational requirements, reinforcing its commitment to integrity, bettor protection and strict Responsible Gaming rules. The goal is to create an entertainment experience offering safe, transparent and responsible betting for Brazilian consumers.
The Silvio Santos Group, which has a minority equity interest in TQJ through Sisan Participações, believes that regulation brings significant benefits to the market, creating a competitive and reliable environment, in addition to contributing to Brazil’s economic development.”