President Confirms Caixa Bet Will Launch in November

Brazil.– October 21, 2025 – www.zonadeazar.com Caixa Econômica Federal President Carlos Vieira has confirmed that the state-owned bank will launch its own sports-betting platform, Caixa Bet, in November — marking the public sector’s official entry into Brazil’s regulated betting market.

Overview

Speaking in Brasília, Vieira said Caixa Bet is in the final stages of SPA approval and will go live by the end of November. The goal is to compete with private operators through a state-run platform that combines security, transparency and social benefit.

Context / Details

The platform will be integrated into Caixa’s digital ecosystem, featuring biometric ID, custom deposit limits and responsible-gaming controls.
Developed with international tech partners, it complies with global AML and data-security standards.

Caixa’s move comes under Brazil’s new Law 14.790/2023, which regulates fixed-odds betting and authorises SPA to license both private and public operators.

Future Perspective

The government expects Caixa Bet to generate over BRL 3 billion in its first year, with part of the proceeds earmarked for education, sports and cultural programmes.
Officials also see it as a blueprint for other states seeking to launch public betting platforms.

Impact

Caixa’s entry adds a new dimension to Brazil’s iGaming landscape, raising standards for transparency and consumer trust.
Industry analysts believe the state platform will stimulate healthy competition and attract institutional investment by demonstrating robust governance and accountability.

Closing

Caixa Bet signals Brazil’s commitment to a responsible and inclusive betting model where legal gaming serves public interest.
With its launch in November, the country enters a new phase of regulated growth anchored in social development and transparency.

🔗 Edited by: @_fonta www.zonadeazar.com