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SCCG Brazil
Dedicated advisory for the largest regulated gaming market in Latin America.
Co-led by SCCG founder Stephen A. Crystal and Partner Thomas Carvalhaes. On the ground in Brazil. Backed by a global network.
Why Brazil, why now
Brazil has moved from a high-potential gray market to a structured, investable, compliance-driven environment. Under Law No. 14,790/2023, with the Secretariat of Prizes and Bets (SPA) fully operational under the Ministry of Finance, the regulated market delivered in its first year:
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BRL 37B
Gross gaming revenue, first regulated year
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79
Licensed operators
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25M
Active bettors
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BRL 10B
Tax revenue collected, ahead of projections
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USD 9B+
Projected annual revenue by 2033
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With 25,000+ unlicensed sites blocked and a permanent licensing framework in place, the regulatory buildout is done. The window for structured entry is open now.
Four workstreams, built for the Brazilian context
| Strategic Advisory. Regulatory navigation, market entry planning, and M&A. We take clients through SPA licensing, compliance architecture, and deal execution. | Capital Introductions. Connecting Brazilian gaming companies with international investors, and international capital with vetted Brazilian opportunities. |
| Commercial Partnerships. Technology, affiliate, and white-label distribution agreements, negotiated with local commercial reality in mind, including Pix-native payment integration. | International Expansion. Supporting Brazilian operators taking their products and brands beyond Brazil, through SCCG’s offices across five continents. |
For a deeper look at how SCCG guides operators and investors through licensing, compliance, and market entry, explore our Brazil Market Entry practice.
Leadership on both sides of the market
| Stephen A. Crystal, Founder and CEO, SCCG Management. 30+ years in gaming. Leads a global advisory firm with 120+ active client-partners and offices spanning North America, Latin America, Europe, Africa, and Asia. | Thomas Carvalhaes, Partner, SCCG Brazil. 15+ years leading Tier-1 operations in Latin America, including Country Manager and CEO for Stake in Brazil, plus leadership roles at Betway, LeoVegas, Hero Gaming, and Salsa-Betmotion. Founder of TC iGaming Advisors, founding member of ABRAJOGO, founding advisory board member for Next.io LATAM. Trilingual in Portuguese, English, and Spanish. |
This is not a new market for us
SCCG has maintained a presence in Florianopolis, Brazil for nearly two decades, supporting clients across sports betting, iGaming technology, and gaming infrastructure. What changed is the regulatory clarity. SCCG Brazil is the structure built for it.
Stay ahead of the Brazilian market
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Start the conversation
For partnership inquiries: visit sccgmanagement.com or WhatsApp Stephen Crystal directly.