BetBoom, a high-tech betting holding company, has taken another step towards expanding its international operations by submitting an application for a license to operate in the Brazilian market.
The company complied with the application rules within the stipulated deadline, on August 20. BetBoom was designated as number 69 on the list of license candidates.
To date, more than 100 companies have submitted their applications for licensing. BetBoom is expected to begin official operations in the country on January 1, 2025, upon completion of the licensing process.
Founded in 2011, BetBoom offers its users cutting-edge technological solutions in the fields of online betting, gambling and esports betting.
Betboom is a sponsor of eSports teams
The company has already established itself as one of the leaders on the international scene and as one of the largest eSports bookmakers, being a sponsor of the BetBoom Team and Team Spirit teams, in addition to supporting broadcasts of major Dota 2 and CS2 tournaments.
The company’s commitment to developing these disciplines helps strengthen its brand and expand its audience. Obtaining the license in Brazil will be an important milestone for BetBoom, reinforcing its position in one of the largest markets in Latin America. Previously, the company successfully obtained licenses in Peru and Mexico, reflecting the strategy focused on this continent.
“Obtaining a license in Brazil reflects our long-term strategy in this market, our commitment to investing in marketing and various promotional channels in the country. We are committed to operating legally in Brazil, adhering to all legal regulations, demonstrating business transparency and ensuring the security of users and their transactions”, commented the BetBoom press office”, commented the BetBoom press office.
In 2022, BetBoom began operations in Latin America, positioning itself as an eSports bookmaker with a wide range of sports and gaming products. It is a partner in broadcasting several CS2 tournaments in Portuguese, including PGL Major Copenhagen, CCT, Yalla Compass, BetBoom Dacha and Perfect World Shanghai Major.
In July, the group began collaborating with the well-known Brazilian podcast — Flow. In addition to eSports betting, the product portfolio includes classic sports betting and thousands of diverse gaming products.
