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The Mega-Sena is the largest lottery in Brazil, organised by the Caixa Econmica Federal bank since March 1996.
Favorite sports among Brazilian bettors 2024\n\n Soccer was by far the most popular sport to bet on in Brazil, according to a survey conducted among gamblers in early 2024. Overall, eight out of ten survey participants in the Latin American country reported betting on that sport.
Type | Subsidiary |
Industry | Gambling |
Founded | 1997 |
Headquarters | London, United Kingdom |
Key people | CEO Kenneth Alexander |
Casino games are prohibited in Brazil. Poker, either land-based or online, is unregulated in Brazil as it is considered a game of skill and, therefore, falls outside of the scope of Decree-Law No. 3,688/1941 (the Misdemeanour Criminal Act of 1941 MCA).
Gambling is not a legal concept in accordance with Brazilian law. In fact, gambling doesn't even have a perfect translation in Portuguese. We can say that it can mean a bet or a game, involving a consideration, a prize and a chance.
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