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Loterj Reopens Its Accreditation Period for Gambling Operators

Loterj Reopens Its Accreditation Period for Gambling Operators

10/09/2024
Owners of online gaming platforms and sportsbooks with fixed odds can again apply for a permit from Loterj, Rio de Janeiro’s State Lottery. The new window, which started on September 5th, will last 15 days.

Situation in the Local Legal Field

Brazilian gambling licence: Loterj accreditation

The institution reopened the accreditation period after dropping its appeal against the city’s Federal Regional Court ruling. Priorly, the legal apparatus had suspended the decision that mandated Anatel, a national telecommunications company, to ban operators without Loterj’s permit.

The transition period for gambling entrepreneurs to secure federal certifications was extended until January 1st, 2025.

The state lottery provides more appealing licensing conditions than the government:

  • a lower GGR tax rate;
  • permit cost — BRL5 million;
  • document duration — 5 years;
  • less strict compliance requirements.

For comparison, the federal certification requires BRL30 million and includes more stringent regulations.

Loterj’s representatives note that their organisation has invested much in Rio’s social projects. In the past 3 years, the corporation has helped the state enlarge contributions to charity and other useful initiatives by almost 5 times.

Companies that already work in the city under the lottery’s permits:

  • Pixbet;
  • Caesars Sportsbook, etc.

The Managing Partner of Montgomery Sociedade de Advogados, a Brazilian law agency, believes Loterj’s softer licensing requirements have aroused substantial interest among gambling brands. In Neil Montgomery’s opinion, gaming managers will continue to apply for state certificates.

The lottery organisation encountered opposition from the IBJR, but the expert thinks this factor will only extend court trials, allowing Loterj to issue permits further. The representative is sure the institution will help operators grow revenue lawfully and that legal proceedings will end in its favour.

Let us recall that the previous accreditation window closed on August 14th. The state organisation obtained about 50 applications, underlining the high demand for more affordable services.

Gaminator experts can help you launch a profitable gambling business in the most promising markets.

Our projects are powered by immersive casino slots, decent payment services, reliable gaming systems, and other vital components. Feel free to contact us if you want to start your entrepreneurial journey with effective software.

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Artur Zimnij
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Artur Zimnij
Gambling business specialist
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