Ep 269: Brazilian ordinance sets December deadline

iGaming Daily kickstarts the week in Brazil, as the county’s government has revealed a huge update for firms looking to enter the regulated Brazilian gambling market via its newly published ordinance.

Issuing Ordinance 827, the government mandated that gaming operators must secure licences by December 21, 2024, or face penalties starting January 1, 2025.

The ordinance, which includes ten annexes, sets the licensing fee at BRL 30 million ($5.9m) for up to three brands, valid for five years. The SPA has a 150-day window to approve or reject applications.

And this will be the topic of today’s podcast, supported by Optimove, as SBC Noticias Brasil‘s Senior Journalist, Isadora Marcante, is joined by Adriana Ferreira and Jun Makuta, Senior Associate and Partner at the Brazilian law firm, TozziniFreire Advogados.