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Sports bets were legalized in Brazil in 2024 but never regulated. Since then, dozens of betting firms, including bet365, Betano and Betfair, have been aggressively expanding in the country. Our Standards: The Thomson Reuters Trust Principles.

Brazil Senate passes sports betting regulations | Reuters

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South America mostly accepts Bet365 inside its borders, and many countries provide licenses to the bookie, such as Brazil and Mexico. There are two main exceptions in South America, and we will explore more of them in the rest of the article.

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Kaizen Gaming owns Betano, a leading online sports betting and gaming operator which is currently active in 9 markets in Europe and Latin America, while also expanding in North America and Africa.

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Starting from the Stoiximan brand in Greece in 2012, we now operate two brands (Betano, Stoiximan) in 14 markets and employ more than 2.000 people across four continents. Stoiximan is the largest online gaming operator in Greece and Cyprus.

About Us - Learn our History | Kaizengaming

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