In Brazil, the legal landscape surrounding gambling and betting has undergone significant changes in recent years. In the past, brick-and-mortar casinos were strictly regulated by a limited set of strict legislation. However, in 2018, the Brazilian government passed a law known as Law 13,756/18. It aimed to regulate sports betting in Brazil and open up the market to online operators.
Brazilian law currently allows for the legality of internet sports betting. There are still open questions about the execution of legislation and the creation of a licensing system. This means that while online sports betting sites in Brazil can operate in the country. Meaning there is currently no specific licensing process in place.
Due to the absence of a licensing system, the legal status of legal sports betting sites in Brazil is complex. Online betting sites currently fall into two main categories. Offshore operators and licensed and regulated betting sites.
Licensed Brazilian gambling sites have obtained a license from a regulatory authority. However, such licenses may not be issued by Brazilian authorities at present. Some international jurisdictions offer reputable licenses that ensure the site operates within strict guidelines. Choosing a licensed and regulated betting site provides an added layer of security.
Offshore operators operate from outside of Brazil and cater to Brazilian customers. These platforms are not licensed or regulated by Brazilian authorities. They operate in a legal gray area.
Some offshore operators may provide a satisfactory betting experience. Others may lack the necessary safeguards, leaving bettors at potential risk.