Brazil's regulated online betting market continues to grow, with the Secretariat of Prizes and Bets (SPA) awarding 21 new licenses today.

This brings the total number of full licensees to 35. Prior to the January 1 launch, only 14 companies received full licenses, while 52 others were granted provisional licenses pending final approvals and technical certifications.

From iGB:

Those handed provisional licences were able to operate as normal in Brazil for an initial 30-day window which closed on 30 January. That period could be extended for an additional 30 days if companies were to receive the necessary support from certifying entities but still required additional time to meet regulatory requirements.

Since the first round of licences was awarded, a number of previously excluded companies were granted provisional authorisation. Additionally, seven companies received permission to operate in the market on a preliminary basis thanks to court orders.

Now, the tally of full licensees stands at 35 with the latest flurry announced in the Official Gazette of the Union today. These cover a total of 173 brands authorised to operate in the market.
Read more here: https://igamingbusiness.com/legal-co...-new-licences/