Emerging market regulators
Secretaria de Prêmios e Apostas (SPA)
Brazil's gambling regulator under Law 14.790/2023, from 1 January 2025 until the betting ban of 25 September 2026.
Definition
SPA (Secretaria de Prêmios e Apostas) is the Brazilian Ministry of Finance agency administering the regulated online gambling framework under Law 14.790/2023. Effective 1 January 2025, the framework granted five-year authorisations at a BRL 30M (~USD 5.5M) fee covering up to three brands. The SPA portal listed 87 authorised operators on 1 July 2026; new authorisation rules were under consultation until 9 September 2026. On 25 September 2026 Provisional Measure 1,394 prohibited fixed-odds betting and online casino games and ended every authorisation thirty days later; the SPA keeps its supervision and sanction powers over the licensed period.