SCCG Management has launched SCCG Brazil, an advisory entity designed to cater to Brazil’s gaming and iGaming market.
Co-led by SCCG Founder & CEO, Stephen Crystal, and industry expert Thomas Carvalhaes, SCCG Brazil aims to capitalize on Brazil’s booming gaming market following regulatory advancements.
The establishment of SCCG Brazil follows the creation of SCCG’s broader Latin American division and a Miami office in May 2026. These moves strengthened SCCG’s presence in Spanish-speaking markets. Brazil, with its unique regulatory framework and Portuguese-speaking population, demands a specialised approach, which SCCG Brazil provides.
Brazil’s gaming market, now the largest in Latin America, has rapidly expanded under Law No. 14,790/2023. In its first year, it generated approximately BRL37bn (US$7.2bn) in GGR, with 79 licensed operators serving about 25m bettors. The government collected nearly BRL10bn ($1.95bn) in tax revenue, surpassing expectations. Market analysts predict the sector could reach $9bn in annual revenue by 2033.
SCCG has been active in Brazil for nearly two decades, operating in Florianopolis and supporting clients in sports betting, iGaming technology and gaming infrastructure. Recent regulatory clarity, including the establishment of the Secretariat of Prizes & Bets (SPA) under the Ministry of Finance, has transformed Brazil from a high-potential grey market to a structured and investable environment.
Stephen Crystal says: “We have been working in Brazil longer than most people realise. The difference now is that the market has caught up to where we always believed it would go.
“With Thomas on the ground and our global network behind him, SCCG Brazil is built to move at the speed this market demands.”
Thomas Carvalhaes, a prominent strategist in LatAm’s sports betting and iGaming landscape, joins as Partner and Co-Manager. He has over 15 years of experience in market entry strategies, operational excellence and regulatory compliance. Carvalhaes has held leadership roles at Betway, LeoVegas and other major companies, contributing to the growth and structuring of the Brazilian gaming market.
SCCG Brazil will operate across SCCG Management’s established advisory workstreams, tailored for the Brazilian context:
- Strategic Advisory: Regulatory navigation, market entry strategy and M&A advisory for operators and investors targeting Brazil’s licensed market.
- Capital Introductions: Connecting Brazilian gaming companies with international investors, and international operators with Brazilian capital and strategic partners.
- Commercial Partnerships: Facilitating technology supplier, affiliate and white-label distribution agreements between SCCG’s global client portfolio and Brazilian operators.
- International Expansion: Supporting Brazilian operators looking to expand into other regulated markets across Latin America, Europe and North America.
Thomas Carvalhaes adds: “Brazil’s regulated market has moved from potential to proof, generating billions in its first year under a fully structured licensing framework.
“International operators and investors need a partner who has navigated this market from the inside, through the regulatory buildout, the payment infrastructure and the commercial realities on the ground. SCCG Brazil is that partner.”
The formation of SCCG Brazil reflects three converging forces:
- Regulatory Maturity: Brazil’s licensing regime is permanent; the SPA is actively enforcing compliance and over 25,000 unlicensed sites have been blocked.
- Market Scale: With a population exceeding 200m and mobile penetration driving nearly all betting activity, Brazil offers the largest addressable audience in the region.
- International Demand: SCCG’s global client portfolio includes dozens of technology providers, platform operators and investors actively seeking structured pathways into the Brazilian market.
SCCG Brazil operates as a division of SCCG Management, the gaming industry’s global advisory firm. With more than 30 years of experience, over 120 active client-partners worldwide and offices spanning North America, Latin America, Europe, Africa and Asia, SCCG provides end-to-end advisory services across iGaming, sports betting, sweepstakes, tribal gaming and casino technology.
