Regulation of betting in Brazil in 2026: what has changed, what is underway, and what is to come.

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The online betting market in Brazil entered 2026 at a different pace than the previous year. If 2025 was the year of its debut with Law 14.790/2023 in effect, the licensing process underway, and the first operators being authorized, 2026 is the year of consolidation. And consolidation means adjusting, revising, and advancing into territories that the initial regulation had not yet reached.

For those who closely follow the sector, the regulatory agenda published by the Ministry of Finance in the Official Gazette The document dated February 13, 2026, is the most important of the year. Ordinance SPA/MF No. 408, signed by Secretary Daniele Correa Cardoso, defines the priorities of the Secretariat of Prizes and Betting (SPA) for the 2026/2027 biennium and outlines the path the market will take over the next 18 months.

What does the 2026/2027 regulatory agenda foresee in practice?

The ordinance is not a generic document. It has specific quarters, themes, and objectives, and it is worthwhile to understand it item by item.

In the first quarter of 2026, SPA committed to reviewing the operator authorization process, which includes adjustments to eligibility criteria, capital requirements, and review procedures. Also planned for this period was a review of the rules on payment transactions with unauthorized operators, strengthening the crackdown on illegal platforms.

In the second quarter, the central theme is the regulation of physical betting through digital terminals, including lottery outlets. This regulation allows for fixed-odds betting through physical terminals, including operations in lottery outlets, which, in practice, opens a completely new channel for Brazilian bettors who prefer the physical environment to the digital one. It is a significant expansion of the reach of the regulated market.

In the third quarter, the agenda includes improvements to responsible gambling policies and an important new feature: the creation of a tool that allows bettors to view and monitor their own gambling behavior profile, integrated directly with the SPA (Sports and Gambling Authority). This is a self-awareness tool that goes beyond simple self-exclusion; it gives users concrete information about their own usage patterns.

In the fourth quarter, the forecast is for a review of the monitoring and oversight procedures for operators and an update to the sanctions regime. The review of the monitoring and oversight procedures for operators and the update of the sanctions regime applicable to the commercial operation of fixed-odds betting are planned, including guidelines for settlement agreements and compensation for damages to bettors.

GGR has risen and the market continues to grow.

One of the most revealing pieces of data from 2025 was the change in taxation on the gross revenue of operators. The rate, which was 12% between January and September 2025, rose to 18% from October of the same year. This adjustment, coupled with the requirement to have a headquarters in Brazil and the payment of a concession fee, considerably increased the operating cost for licensed platforms.

Even so, the market did not retreat. On the contrary: there are more than 100 regulated betting companies operating in Brazil, according to SPA, which is linked to the Ministry of Finance. It's something that is already part of the... cropTo provide context, there were 49 authorized operators at the beginning of 2025. This growth reflects both the companies' appetite for the Brazilian market and the efficiency of the licensing process managed by SIGAP, SPA's digital system.

The blocking of illegal platforms has also progressed at an accelerated pace. More than 39 illegal betting sites have already been blocked, a substantial increase compared to the 25 sites taken offline at the beginning of the year. This number highlights both the size of the illegal market that existed before regulation and the government's ability to act against it.

Promotions, bonuses, and codes: what legal platforms can offer.

The regulation also completely redesigned the field of promotions. Ordinance SPA/MF No. 615, of April 2024, prohibited welcome bonuses and deposit-linked benefits, and this rule remains in effect in 2026. What authorized platforms can offer are ongoing promotions, free bets conditioned on minimum odds wagering, cashback, tournaments, and loyalty programs.

It is in this context that promotional codes have gained relevance. Since sign-up bonuses were eliminated, the promo code has become the main mechanism by which licensed operators deliver additional value to new users without violating SPA rules. These codes, like the famous [code name missing from original text]. casino bet promo codeIn practice, they work to compare the offers available by platform and to gather active promo codes with detailed conditions from each operator.

What does this mean for bettors?

For the Brazilian bettor, the balance of this regulatory process It is fundamentally positive. Each regulation, each revision, and each new control mechanism reinforces the environment that makes the regulated market a safer, more transparent, and more reliable place than it was before.

Knowing how to identify an authorized platform, with a .bet.br domain, CNPJ (Brazilian company registration number) in the footer, and SPA (Spanish Society of Authorisation and Payment) authorization number, is still the most important step. The rest follows naturally: competitive odds, Pix (Brazilian instant payment system) for deposits and withdrawals, support in Portuguese, and promotions that deliver on their promises, within the rules of the game.

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Disclaimer: Sports betting and online gambling are intended exclusively for those over 18 years of age. Gambling is not an investment and can be addictive. Play responsibly and set your limits. For help and guidance on compulsive gambling, visit [website address - not provided in the original text]. Anonymous Gamblers of Brazil.
For readers outside of Brazil: Check the local gambling laws in your jurisdiction before using any listed platform.