Best Online Casinos - Brazil

Since the 1940s, gambling is among illegal activities in Brazil. In a country of 200 million residents, there are currently less than 10 land-based casinos allowed by the government.

Unlike many other countries we have reviewed, the state government of Brazil recently amended an old piece of legislation to include online gambling, too. Article 50 added to the Decree Law in 2015 specifically states that Internet-based casino gambling is regarded as a misdemeanor.

It also states that a fine may be imposed on any player caught gambling online. This fine may be between 2,000 to 200,000 BRL.

Despite this law, online gambling is insanely popular in this country. With the absence of home-based gambling venues, thousands of players head to international online platforms. On average, Brazilians bet over 1.5 million USD yearly on online sports betting and games of chance.

Speaking of the latter, the official Sportsbook provider for Brazil is the state-owned company but rumors have been circulating in the country that it will soon be privatized. The same destiny may await the state lottery, the second type of betting activity formally allowed in Brazil. In the nearest future, ownership of the national lottery may be split between the state and the private company. 

Between 2014 and 2015, prior to the amendments added to the Decree Law, several official representatives in the country fought for the legalization of gambling and even drafted some legal paperwork. However, the conservative approach won. By 2017, Brazilian players once again were stirred by the rumors that there may appear some in-country places to bet and win. 

It was in the days when the CEO of the Las Vegas Sands, Sheldon Adelson met with the mayor of Rio. The word on the street was (and the gambling news backed it up) that the American mogul was ready to invest 8 billion USD into the gambling industry of South America. He was not the only major US investor making a business trip to Brazil with the intention to develop the casino market. Neither of those trips culminated in a deal, however.

WHAT ARE THE OPTIONS FOR BRAZILIAN PLAYERS?

There are no locally licensed online operators but fans of online gambling from Brazil are welcome in numerous international lobbies. Our database alone indicates more than 600 sites willing to welcome this country. Out of them, more than 100 are either adapted to the local language or offer local currency and payment methods. 

When it comes to licensing, we would recommend looking at platforms with the Curacao permits. The list of recommendations covers, but is not limited to Superior Casino, Casino Action, and Blackjack Ballroom.

Unfortunately, the local currency Brazilian real is not that popular in international online lobbies. On our list of recommendations, it is available at around 6% of cashiers, which amounts to around 50 sites.

Luckily, two of the other currencies broadly available across Brazil – US dollars and Euros – are very popular across the online gambling industry. Check out Casoo Casino or Vera & John to play in EUR. Plus, you can always use crypto. One of the best online platforms to head to in order to play in BTC, LTC, ETH, and other types of digital cash is BitStarz Casino. 

When it comes to payment methods, three of the options broadly used across the country are also available in many international virtual gambling venues. Neteller is the most popular e-wallet, which can be found in 550+ brands including CasinoLuck. If we are talking about the prepaid cards, AstroPay is included in over 60 cashiers. Finally, there is Boleto Bancario, which Brazilian players will be able to find across around 50+ platforms.

Local banks have no problems processing deposits and withdrawals from online casinos. The fastest turnaround time when it comes to payouts is for e-wallets. It will take 24 hours or less to receive the wins. With bank transfers, you will need to reserve between 3 to 6 workdays

Table games have always been hugely popular in Brazil, and players are particularly fond of roulette and blackjack. Although to be fair, poker has also gained a place under the spotlight. 

Slots are a second hugely popular game cohort among Brazilian players. In terms of themes, it is soccer (no wonder given the country’s rich history and achievements connected to this sport). Two other themes frequently searched by the local players are Rio Carnaval slots and Amazonia-themed slots.

While online gambling is not officially supported by the state, there are two strong game developing brands from Brazil that are currently expanding their outreach across South America. These are Ipanema Gaming and Copacabana Gaming.

Players from the country also enjoy content from international labels, including Net Entertainment, Playtech, Yggdrasil Gaming, Play’n GO, and Microgaming.