Sports News
| Published On Jun 4, 2025 6:07 am CEST | By Daniel Li

Brazil Shuts Down Two Betting Operators for Cyber Failures

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Brazil has stepped up enforcement in its regulated betting market, targeting operators that failed to meet cybersecurity standards. The move highlights the country’s growing focus on accountability and user protection as its licensing framework gains momentum.


Good to know

  • Two operators face daily fines of R$40,000 if they do not comply.
  • Cybersecurity certification is mandatory under Ordinance No. 722/2024.
  • Brazil is working on new rules for betting ads and sponsorships.

The Secretariat of Prizes and Betting (SPA) has temporarily pulled the licenses of Bell Ventures Digital Ltda (BandBet) and Betesporte Apostas On Line Ltda (BETesporte and Lance de Sorte). These two operators failed to submit the cybersecurity documentation required under Brazil’s Ordinance SPA/MF No. 722/2024.

The suspension took effect Monday, June 2, according to the Ministry of Finance. As a result, both operators must stop accepting bets, processing deposits, and registering new players until they meet compliance standards.

SPA explained the decision as a move to protect users and maintain a secure regulatory environment. “The measure is intended to safeguard the integrity of the regulated environment and protect Brazilian consumers by ensuring that all licensed operators can prove the cyber-resilience of their operations,” the agency said in a statement.

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Each company now faces daily fines of R$40,000 and may risk permanent license cancellation if they fail to resolve the compliance issues. The penalty process has already started.

The broader enforcement drive began on Friday, May 30, when SPA suspended the operations of 11 companies covering 29 brands. By the same day, four of those operators provided the required paperwork and were removed from the list, narrowing the number to seven.

Over the following weekend, PixBet secured a court injunction to block the suspension order. Two other companies—EA Entretenimento and Bet.Bet Soluções Tecnológicas—also submitted valid documents. By Monday, only BandBet and BETesporte remained suspended.

This regulatory action closes out a month that saw rising pressure on gambling firms in Brazil. Alongside the enforcement wave, legislators have advanced new advertising regulations. Brazil’s Senate has already passed Bill 2,985/2023, aimed at building a national framework for gambling-related ads.

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The proposed bill still needs approval from the Chamber of Deputies. If passed, it would limit how betting brands promote themselves, especially in sports and campaigns that could reach younger audiences.

However, the Brazilian Institute for Responsible Gaming (IBJR) has flagged concerns that tighter rules may drive users toward offshore sites without oversight. In addition, over 50 football clubs have warned that the law could put up to R$1.6 billion ($280 million) in sponsorship deals at risk, possibly triggering legal disputes over existing agreements.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.