Zona de Azar Brasil – Brazil: Rei do Pitaco Requests License for Sports Games and Online Games

Brazil.- July 23, 2024 www.zonadeazar.com After Betano and Superbet, Rei do Pitaco is the third betting platform that requests authorization from the Ministry of Hacienda to operate in the fixed-price online betting market. According to BNLData, the request is registered in the Apuestas Management System (SIGAP).

Companies that submit your request until August 20th will have their license granted in 2024, as long as they pay a fee of R$ 30 million and comply with the requirements established by the Secretariat of Awards and Bonuses (SPA).

“Rei do Pitaco has grown responsible in recent years, always focused on following guidelines to protect our players.

With the evolution of the sports betting market in Brazil, we see a challenging moment and an opportunity to expand the business to consolidate ourselves as a reference in entertainment in the country”, says Kiko Augusto, CEO of Rei do Pitaco.

The company’s CLO, Rafael Marchetti Marcondes, also highlighted the commitment to the regulated market.

“Rei do Pitaco has always been concerned about following the best international practices, complying with all industry rules, contributing to strengthening the market and providing a safe and reliable environment for his actors.

The presentation of the license application to operate sports games and online games in Brazil reflects the important moment of growth of the company and its commitment to the regulated sector”, he stated.

Edit: @_fonta www.zonadeazar.com