{"id":34285,"date":"2024-11-28T13:30:22","date_gmt":"2024-11-28T10:30:22","guid":{"rendered":"https:\/\/adsterra.com\/blog\/?p=34285"},"modified":"2024-12-06T13:06:43","modified_gmt":"2024-12-06T10:06:43","slug":"brazil-igaming-regulations","status":"publish","type":"post","link":"https:\/\/blogdev.adsterratech.com\/blog\/brazil-igaming-regulations\/","title":{"rendered":"Adsterra Podcast Launch | Episode 2 | Brazil iGaming Regulations"},"content":{"rendered":"\n

This timely Adsterra Episode has shaken our expectations about Brazil restrictions for the iGaming market. Brazil iGaming regulation has been shelved for years. And now we are witnessing unprecedented development in this area, starting on October 1, 2024.<\/p>\n\n\n\n

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What is the future of these restrictions? Are operators, providers, and media buyers feeling anxious? Is Brazil\u2019s iGaming in for a full blast on January 1, 2025?<\/p>\n\n\n\n

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Let\u2019s get a proper look-see at Gaming regulations in Brazil<\/a> and the potential impact on Latin America from a legal expert\u2019s perspective.<\/p>\n\n\n\n

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\r\n\tToo long? Ask AI to summarize<\/strong>\r\n\t
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Navigating Brazil’s iGaming regulations with our expert Rafael Biasi<\/strong><\/h2>\n\n\n\n

On Adsterra Podcast<\/a> Episode 2, in Lisbon, Portugal, we have Rafael Biasi for an expert talk, a regulatory lawyer and a member of iGaming Commissions in Brazil. Through his sharp expertise in iGaming licenses worldwide, we navigate Brazil’s regulatory environment, compliance measures for stakeholders, and localized payment solutions in detail.<\/p>\n\n\n\n

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Our experts:<\/strong><\/p>\n\n\n\n

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Rafael Biasi<\/strong>, Legal Affairs at Octus Legal iGaming
Mikhail Zhukov<\/strong>, Head of the CPM Department at Adsterra<\/p>\n\n\n\n

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\"octus-legal-igaming-rafael-biasi\"
Rafael Biasi,
Legal Affairs
Octus Legal iGaming
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Guest<\/strong>
Rafael is a regulatory lawyer, a member of iGaming Commissions in Brazil and an iGaming and Sports industry professional with expertise in iGaming licenses worldwide.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

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\"Mikhail<\/a>
Mikhail Zhukov, <\/span><\/i>
Head of CPM at Adsterra<\/span><\/i><\/figcaption><\/figure><\/div>\n\n\n
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Host<\/strong>
Mikhail is a living hard drive of data on the markets, niches, and GEOs. With profound expertise in iGaming and Sports, Mikhail is an ever-active peer and keynote speaker of the conference world, including SiGMA, Affiliate World, and Affiliados Brasil.<\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

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Brazil iGaming market regulations<\/strong><\/h2>\n\n\n\n

The iGaming market in Brazil is currently the world\u2019s giant sector after Africa, and the latter is lagging far behind. After a long journey of preparation and delays, iGaming online institutions and activities were finally legalized in Brazil in 2018.<\/p>\n\n\n\n

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Five years later, Brazil made a significant jump to regulating the iGaming market and imposing restrictions on online operators, providers, and media promotion on December 21, 2023.<\/p>\n\n\n\n

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Milestones of Brazil iGaming Market Development<\/strong><\/p>\n\n\n\n

Date<\/strong><\/td>Milestones<\/strong><\/td><\/tr>
2018<\/strong><\/td>President Lula signed Provisional Measure No.1182, implementing Law No.13,756\/2018 with approval by the Senate.<\/td><\/tr>
December 21, 2023<\/strong><\/td>Brazil\u2019s Chamber of Deputies approved Bill No 3626\/23 and specified regulations for the iGaming market.<\/td><\/tr>
October 1, 2024<\/strong><\/td>The latest ordinance states that only those who applied for the license can operate after October 1, 2024.<\/td><\/tr>
January 1, 2025<\/strong><\/td>The full start of iGaming restrictions in Brazil with penalties for breaking regulatory rules. The end of the adoption period.<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
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The key amendments specify<\/strong>:<\/p>\n\n\n\n