In Brazil, the Secretariat of Prizes and Bets of the Ministry of Finance presented the results of the first year of the regulatory framework for fixed-odds betting in Brazil during the panel “Official Overview of the Regulated Betting Market in Brazil – First Report,” held at the Windsor Hotel as part of CGS Rio 2026. The session brought together operators, regulators, providers, and institutional representatives with the aim of offering an objective view of the market’s actual performance and anticipating upcoming regulatory changes.
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The numbers of the regulated market in 2025 in Brazil
Regulated platforms registered 25 million unique bettors identified by their CPF. Considering active accounts across multiple operators, the figure rises to 87 million and exceeds 100 million when adding all registered accounts. Men represent the majority of users, with the highest concentration in the 30 to 40 age group.
Gross Gaming Revenue (GGR) accumulated approximately 6.617 million dollars (R$ 37.000 million) with progressive growth each quarter: 1.341 million dollars (R$ 7.500 million) in the first, 3.220 million (R$ 18.000 million) at the end of the semester, and 4.829 million (R$ 27.000 million) at the end of the third quarter. Social allocation reached 805 million dollars (R$ 4.500 million), equivalent to 12% of net GGR.
Transparency and data publication
Fabio Macorin, head of the Secretariat’s Inspection area, indicated that the annual report complements the first semi-annual publication from August 2025. Starting in 2026, indicators will be published more frequently and automatically, without depending on specific events, as part of the sector’s transparency strategy.
The fight against the illegal market: blocks, virtual laboratory, and B2B regulation
The Secretariat signed an agreement with Anatel for the manual blocking of illegal sites, with approximately 25 addresses taken down to date. Additionally, it expanded its alliances with the National Authority for Legalized Games and the Digital Council, which includes Google, Meta, TikTok, and Kwai. In parallel, it created a virtual laboratory that automates the scanning and blocking of illegal platforms and identifies black market payment methods.
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Regarding B2B, the Secretariat published a draft ordinance for providers of platforms, systems, certification bodies, and KYC, geolocation, and facial recognition solutions. It includes a simplified registration for the first half of 2026 and a subsequent technical, legal, and reputational validation. Only registered entities will be able to provide services to operators, which disincentivizes those serving the illegal market.
Inspection and responsible gaming
During 2025, the Secretariat initiated 132 inspection processes against 78 regulated operators, 80 of which resulted in sanctioning procedures. In parallel, the centralized self-exclusion platform registered thousands of sign-ups: 36,8% of users activated it due to loss of control, 10% due to economic difficulties, and 24% to avoid misuse of their data. About 700 people completed the first training course on responsible gaming, developed with the Ministries of Health and Education.
Money laundering: the call for sector collaboration
Carlos Renato de Resende, general coordinator of Money Laundering Monitoring, stressed that fighting the illegal market is not the exclusive task of the Secretariat and urged platforms, operators, and payment providers to report irregularities. “We need to join forces. Illegal activities generate profits, transfer money from trafficking and smuggling, and foster money laundering. The more collaboration we have, the faster we can close doors and demand accountability,” he stated.
Regulatory Agenda 2026-2027
For the next two years, the Secretariat will prioritize increasing transparency in indicators, strengthening reporting channels, reviewing Ordinance 5.550/2024 on financial blocking of illegal operators, consolidating B2B regulation, and updating sanctioning processes. All actions will align with international sector standards.
