Brazil’s Ministry of Finance has released the official guidelines for bettors’ rights and requirements for sports betting operators. These outlines are detailed in Decree 1330 and cover essential aspects such as AML regulations, fixed-odds betting, and non-negotiable criteria for operating in Brazil.

Operators have 30 days to register their interest in providing sports betting to Brazil. To qualify, companies must submit documents proving their legal qualification, fiscal regularity, labor compliance, and economic-financial and technical qualifications.

Foreign companies must have a subsidiary in Brazil and demonstrate proof of incorporation to be eligible for a sports betting license.The sports betting platform must meet technical and operational specifications and be certified by a recognized laboratory approved by the Ministry of Finance.

Customer service must be provided in Portuguese and be available 24/7, free of charge. To prevent terrorism and money laundering, companies must designate individuals responsible for accounting, data security, ombudsman services, operational security of the betting system, and integrity and compliance.

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