IGB-0057  ·  For Sale

Brazil SPA Betting License Company For Sale - Authorized to December 2029, 3 Skins, R$35.9M Tax Assets

Brazil · SPA Federal Authorization · Valid to 31 December 2029 · 3 Skins Under One CNPJ · R$35M NOLs · Debt Free · Urgent Sale  ·  Brazil SPA (Secretaria de Prêmios e Apostas) Federal Authorization

Brazil SPA License Federal Authorization 3 Skins Tax Assets NOL Carryforward Debt Free Urgent Sale Casino and Sportsbook Brazil Est. Licensed Operator

IGABroker is mandated to present this Brazilian licensed betting company to its network of qualified buyers. The company holds a federal authorization issued under the regulated Brazilian betting framework administered by the Secretaria de Prêmios e Apostas (SPA), valid through 31 December 2029.

Brazil is the largest regulated betting market in Latin America and one of the largest to open anywhere in the last decade. Federal authorization is the gating asset: without it an operator cannot legally accept Brazilian players, and the licensing route carries a substantial fee, a capital and corporate structuring requirement, and a review cycle that keeps applicants out of the market while incumbents accumulate players. The current market value of an authorization of this type is estimated at R$25-35 million, approximately $5-6 million.

The authorization permits three separate skins under a single CNPJ. That is a material commercial point rather than a technical footnote. A buyer can run a flagship brand alongside two additional market-facing brands under the same authorized entity, segmenting by audience, by acquisition channel or by affiliate and streamer partnership, without duplicating the licensing cost or the regulatory perimeter for each one. For groups running multi-brand strategies elsewhere, the same playbook transfers directly.

The company carries no debt, and the balance sheet holds two distinct tax assets. The first is R$35 million (approximately $6 million) in net operating loss carryforwards. These have value specifically to an acquirer already generating taxable income from iGaming activity in Brazil, against which the losses can be applied under Brazilian rules on loss utilization. For a buyer without existing Brazilian taxable profit the asset is latent rather than immediate, and it should be underwritten accordingly. The second is R$0.9 million (approximately $180,000) in recoverable tax credits across PIS, COFINS, IRRF and IRPJ.

Also transferring is a fully equipped high-specification office with complete employee IT equipment, representing more than $100,000 of hardware and fit-out. A licensed Brazilian operation requires local presence, and the physical and technical infrastructure to seat a team is in place from day one rather than assembled after closing.

The asking price is $10,000,000. The sale is being run with urgency because the investors behind the company are changing strategy. That is a shareholder-level decision rather than a reflection of the asset's regulatory standing, and the seller is prepared to move to NDA, data room and closing on a compressed timetable for a qualified and funded buyer.

This is a mandated instruction. IGABroker acts exclusively on behalf of the seller. Corporate identity, authorization reference, tax documentation and complete diligence materials are released only after NDA execution and proof of funds.

Due Diligence

Frequently Asked Questions

A Brazilian company holding a federal SPA betting authorization valid through 31 December 2029, together with its tax assets, its debt-free balance sheet and a fully equipped office including employee IT hardware. The transaction transfers the company itself, so the authorization, the CNPJ and the associated skin allocation move with it.
Through 31 December 2029. The current estimated market value of an authorization of this type is R$25-35 million, approximately $5-6 million. Authorization documentation is released to qualified buyers under NDA.
The authorization permits three distinct market-facing brands to operate under the single authorized entity. A buyer can run a flagship brand plus two additional brands segmented by audience, acquisition channel or partnership strategy, without a separate authorization and separate licensing cost for each.
There are two. R$35 million (approximately $6 million) in net operating loss carryforwards, and R$0.9 million (approximately $180,000) in recoverable credits across PIS, COFINS, IRRF and IRPJ. The loss carryforwards are usable by an acquirer already generating taxable income from iGaming activity in Brazil. A buyer with no existing Brazilian taxable profit should treat the asset as latent and underwrite the transaction on the authorization and infrastructure instead.
The company has no debts. Full corporate and financial documentation supporting that position is provided in the data room under mutual NDA, and independent diligence can be arranged during an agreed exclusivity period.
The investors behind the company are changing strategy. This is a shareholder-level portfolio decision, not a reflection of the authorization's standing or of any regulatory issue. The seller is prepared to move to NDA, data room and closing on a compressed timetable for a qualified, funded buyer.
A fully equipped high-specification office with complete employee IT equipment, representing more than $100,000 in hardware and fit-out. Licensed Brazilian operations require local presence, so this removes a setup step rather than being an incidental inclusion.
A change of control in a company holding a Brazilian federal betting authorization is a regulated process requiring notification to and clearance from the responsible authority, which assesses the incoming shareholders under the applicable fit and proper and capital requirements. The seller and IGABroker support the buyer through the workstream. Timelines depend largely on how quickly the buyer's documentation pack is completed.
A first-time application involves the federal licensing fee, corporate and capital structuring in Brazil, technical certification, a compliance and responsible gaming build, and a review period during which the applicant cannot accept players while licensed competitors acquire them. This acquisition compresses the licensing, corporate and infrastructure tracks into a single change of control on an entity already authorized to 2029.
The price reflects the authorization itself, valued in the market at R$25-35 million ($5-6 million), the three-skin allocation under a single CNPJ, R$35.9 million in combined tax assets, a debt-free balance sheet and the office and IT infrastructure. Buyers should assess the tax asset component against their own Brazilian taxable position. Full substantiation is provided in the data room.
Corporate identity, the authorization reference and supporting documentation, tax asset and credit documentation, financial statements confirming the debt-free position, the skin allocation detail and an asset schedule for the office and equipment. Independent legal, tax and financial due diligence can be arranged during an agreed exclusivity period.

Request the Information Package

Submit your details below. A senior IGABroker advisor will contact you within 24 hours to coordinate the mutual NDA and release the full deal documentation.

1 You submit this form, your details are kept strictly confidential
2 IGABroker sends a mutual NDA for electronic execution
3 Full information package released: financials, traffic, licence docs
4 Operator introduction facilitated upon your request

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