Last November, Caixa Económica Federal (CEF) received a request from the Ministry of Finance to express interest in operating sports betting and online gaming in Brazil through its subsidiary Caixa Loterías. The company was one of 134 companies that submitted proposals to the government.
Now that the industry has become accustomed to the regulations, Caixa is calling on state-owned banks to identify suppliers who could adopt its platform to serve the new markets that will be opened up.
Caixa Loterías did not specify the scope or requirements of the supply that the public offering is expected to meet, revealing only that the purpose of Public Offer 0528/2024 is to draw up a list of companies interested in providing a platform for the marketing of fixed-odds betting.
It is clarified that the discussions are exploratory in nature and do not constitute a contractual obligation on the part of Caixa Loterias.
“For the purposes of this consultation, a fixed odds lottery gambling format consists of a gambling system related to real or virtual events in which the amount that the bettor will win if their prediction is correct is defined at the time of placing the bet, in accordance with the provisions of Law No. 13,756/2018,” the call reads.
Only after the interested parties have expressed interest will the subsidiary publish provisional terms of reference, the timing of which is still unclear, which will allow the company to evaluate the conditions defined by Caixa Loterias.
Interested companies should send an email by July 29, 2024 at 11:59 p.m. [email protected] Please include the following information:
– Company Name;
– contact address;
– Contact phone number;
– Contact email address.
Source: GMB