Real Brazil licensing costs from Secretariat of Prizes and Bets (SPA), plus how to open a bank account once you hold it. Setup typically 40 weeks; banking usually 10 days after.
BRL 30M (€5.5M) for up to 3 brands. 20% Brazilian shareholder required. No annual renewal — flat 5-year licence.
We bank Brazil licensees in 10 business days on average. Pre-approval in 24 hours, free.