Prizes and Betting Secretariat defines understanding regarding 20% of Brazilian partner
Monday 10 de June 2024 / 12:00
2 minutos de lectura
(Sao Paulo).- The Prizes and Betting Secretariat of the Ministry of Finance – SPA-MF defined Thursday afternoon the interpretation that will be applied in the authorization process in relation to the provision that requires the applicant legal entity to have a Brazilian as a partner holding at least 20% of its share capital.
According to the SPA, the requirement to have a Brazilian as a partner holding at least 20% of the share capital of the applicant legal entity can be met both by the participation of Brazilian natural persons and by Brazilian legal entities. Brazilian legal entity means a legal entity constituted under Brazilian laws and which has its headquarters and administration in the country.
“The SPA's interpretation ends a long cycle of discussion about meeting the requirement for participation of Brazilian partners in companies operating sports betting and online games. Compliance with this requirement can be done through subsidiary companies wholly owned by foreign partners, simplifying the rules for holding corporate participation”, explains lawyer Luiz Felipe Maia.
Categoría:Gaming
Tags: Sin tags
País: Brazil
Región: South America
Event
ICE Barcelona 2026
19 de January 2026
Rocío Moitino, from QTech Games: “ICE Barcelona 2026 Was a Strongly Business-Driven Event with a Clear Focus on LATAM”
(Barcelona, SoloAzar Exclusive).- Rocío Moitino, Sales Director for Latin America at QTech Games, the leading game distributor for emerging markets, reviews her experience at ICE Barcelona 2026, the main industry trends, and the company’s strategic priorities for this year.
Monday 02 Feb 2026 / 12:00
NOVOMATIC showcases groundbreaking innovations at ICE 2026
(Gumpoldskirchen/Barcelona).- From January 19–21, ICE Barcelona once again served as the industry’s global epicenter. NOVOMATIC used its expansive 4,500 m² booth to bring its complete 360-degree offering to life, featuring the newest innovations in gaming tech and integrated systems.
Tuesday 03 Feb 2026 / 12:00
Rethinking Pre-Exhibition Strategy: What Timeless Passion Tested Ahead of ICE Barcelona
(Lisbon).- Across Latin American iGaming markets, strategic conversations have increasingly shifted toward stability, optimisation, and long-term frameworks. Major exhibitions remain central to industry visibility, yet the formats surrounding them are quietly evolving.
Monday 02 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.