If approved, the new operation will be added to the existing portfolio, including the Colombian license that has been in force since 2018.
The deadline for betting platforms to request licenses to operate in Brazil from January 10, 2025 ended last Tuesday (20) and, among the 113 companies that filed the request, is Rivalo.
According to the company, a client of Rino & Partners, if approved, the new operation will be added to the existing portfolio, including the Colombian license that has been in force since 2018.
“With a local presence and a new license, we will be closer to Brazilian sports fans, offering new products and entertainment options. Rivalo has been operating since 2016 and has earned the trust of bettors in Latin America. We will position ourselves as a leading operator in the Brazilian market,” said Daniel Eskinazi, Rivalo’s newly appointed CEO for Brazil.
