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Sports bets were legalized in Brazil in 2024 but never regulated. Since then, dozens of betting firms, including bet365, Betano and Betfair, have been aggressively expanding in the country. Our Standards: The Thomson Reuters Trust Principles.
Casino games are prohibited in Brazil. Poker, either land-based or online, is unregulated in Brazil as it is considered a game of skill and, therefore, falls outside of the scope of Decree-Law No. 3,688/1941 (the Misdemeanour Criminal Act of 1941  MCA).
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  • Kaizen Gaming owns Betano, a leading online sports betting and gaming operator which is currently active in 9 markets in Europe and Latin America, while also expanding in North America and Africa.
    Starting from the Stoiximan brand in Greece in 2012, we now operate two brands (Betano, Stoiximan) in 14 markets and employ more than 2.000 people across four continents. Stoiximan is the largest online gaming operator in Greece and Cyprus.
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