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The Secretariat of Prizes and Betting (SPA–MF) of the Ministry of Finance (MINFIN) has published its half-year report for 2025 of Brazil’s regulated fixed-odds betting market. The data shows an enhancement in public revenue contribution, significant enforcement of illegal operators, and a more distinct picture of the country’s betting community.
Strengthening Oversight and Combating Illegal Gambling
Under the SPA, its role is to monitor licensed operators with strict action against the illegal betting market. Anatel, the country’s telecommunications agency, has closed down 15,463 illegal websites since October 2024.
By June 2025, the licensed market had 78 licensed companies and 182 licensed gambling houses authorized to operate legally under federal law. SPA Secretary Regis Dudena pointed out that the release of concrete numbers marks a turning point in the process of regulation. “This report has vital importance for regulation. It provides factual data on supervision, control, and market performance, moving from estimates to concrete evidence“, he said.
Financial Transactions Under Investigation
The SPA has also increased its focus on financial monitoring, both for the regulated sector and illicit behavior. As stipulated by Central Bank regulations, the Secretariat is authorized with the power to monitor and punish financial institutions (IFs) and payment institutions (IPs) that facilitate unauthorized betting operations.
In the first half of 2025, 24 institutions submitted 277 suspicious transactions to the SPA and shut down 255 illicit betting-linked accounts. The SPA also formally notified 13 payment institutions, and 45 firms’ accounts involving non-standard fixed-odds were shut down.
This tighter financial supervision is in line with the government’s commitment to severing the money channels that finance illegal gambling chains.
Controlling Advertising through Technology Platforms
Illegal advertising has also been at the top of the agenda. With help from the Brazilian Digital Council, which brings together leading technology firms such as Google, Meta, TikTok, Kwai, and Amazon, the SPA has labored to accelerate the removal of illegal sports betting ads on the internet.
Throughout the initial half of the year 2025, 120 cases of advertisement-associated crimes were closed by the authorities. As a result, 112 social media accounts belonging to influencers and 146 illegal promotional messages were deleted from social media platforms.
The Betting Profile in Brazil
The research also presents the betting profile of the Brazilian bettors. During the first half of 2025, there were approximately 17.7 million individuals making bets. Of them, 71% were male, and 28.9% were female. All of the aforementioned figures are drawn from SIGAP, the Government’s General Betting Management System, in real time from every licensed operator.
SPA Secretary Dudena stated that transparency and accountability will remain central to regulation: “From now on, we will periodically publish information regarding the development progress of the fixed-odds betting market in Brazil, fulfilling this government’s commitment to transparency and public accountability.”
Revenues and Tax Contributions
The financial result reflects the scale of the regulated market. Gross Gaming Revenue (GGR) payments minus bets were R$17.4 billion in the first half of 2025, which equated to the effective bettors’ expenditure.
Authorized operators contributed some R$3.8 billion in taxes, such as federal fees such including corporate income tax (IRPJ), social contribution (CSLL), PIS/Cofins, and social security. R$2.14 billion was also remitted to social causes under Law 14.790/23, which distributes 12% of the betting revenue to public programs.
The SPA also received nearly R$2.2 billion in licensing fees from authorized operators and nearly R$50 million in supervision fees during the same period.
A Market Finding Its Niche
The first half of 2025 bears testament that Brazil’s regulated gaming industry is finding its niche as both an economic driver and source of government revenues. With stringent regulation against illicit operators, enhanced transparency, and organized fiscal oversight, the SPA aims to make sure that the industry continues to expand sensibly while yielding significant resources for the state.
Source: iGaming Brasil
