Betnacional and BetMGM among first fully-licensed Brazil gambling operators

Betnacional, a subsidiary of the NSX Group in which Flutter Entertainment is taking a controlling stake, was among the online gambling firms that got fully licensed under Brazil's new legislation on Wednesday. Following months of preparation by the Ministry of Finance's Secretariat of Prizes and Bets, 15 firms began operating under the new regulations on January 1. BetMGM was also among the brands that are now fully licensed under the legislation.