Betting News

Brazil’s Ministry of Finance publishes ordinance with rules for online gaming

The Prizes and Betting Secretariat of the Ministry of Finance published Wednesday, July 31, ordinance 1,207. The text establishes technical requirements for online gaming and live gaming studios, to be met by fixed-odds betting operators.

The ordinance, signed by Secretary Regis Dudena, was eagerly awaited by the sector, which expressed doubts about which games could be offered in the new regulated market.

Under the new rules, games such as Fortune Tiger (“Jogo do Tigrinho”) will be allowed, as long as they meet all the requirements set out in the ordinance.

These requirements include presenting a payout table with all the winning outcomes before betting begins and having a certification from an entity whose operational capacity has been recognized by the Prizes and Betting Secretariat.

Read below a summary of some of the main points of Ordinance 1,207 (to read the full text and access all the details, click here):

Furthermore, operators must follow other rules established in previous regulations, such as law 14,790 and ordinances already published.

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