Sports News
| Published On Jul 12, 2025 12:22 am CEST | By Daniel Li

São Paulo Betting Firms Set to Form New Union

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Operators in São Paulo are getting ready to set up a formal organization to represent the local betting industry. After recent talk of launching Febrabet at the national level, attention has now turned to the state level, where a new union is coming together.


Good to know

  • Only companies operating in São Paulo can participate.
  • Founding assembly will take place by the end of July.
  • Elections and legal structure will follow official procedures.

The new group will be called the Union of Betting Operators and Online Games of the State of São Paulo, or Sindibets/SP. Brazil’s official Federal Journal has confirmed that the founding assembly will be held before July ends. Several key decisions will be made during the meeting, including electing the first executive board and setting out the union’s full legal structure.

Attendees will vote on approving the union’s statutes, defining its scope, establishing the fiscal council, and selecting an official headquarters. They will also decide on the exact category of representation and how the union will be funded.

Organizers plan to follow all required legal steps. This includes counting and validating votes, confirming candidate eligibility, and recording any blank or null votes.

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The push to build Sindibets/SP comes amid broader efforts across Brazil to organize the growing betting sector. With new national regulations rolling out, many private operators are seeking more formal representation, both at the federal and state level.

Participation in the union’s creation is limited to companies that can prove they operate within São Paulo. The move is part of a wider shift toward structured governance in Brazil’s betting market, which has been expanding rapidly.

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.

Tags: Brazil