Who owns Betano (Brasil)?
As of : Betano (Brasil) is owned by Kaizen Gaming (Betano), private (founder-led). The site runs under KAIZEN GAMING BRASIL LTDA, BR, with a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. Press reports this link; we have not confirmed it in a register yet.
| Ultimate owner | Kaizen Gaming (Betano) (private (founder-led); Allwyn (ATHEX: ALWN) holds 36.75% of the Betano business outside Greece and Cyprus) |
|---|---|
| Operating company | KAIZEN GAMING BRASIL LTDA, BR · reg. CNPJ 46.786.961/0001-74 |
| Licences | Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 246/2025 expired |
| Products | Sports betting, Casino |
| Website | betano.bet.br |
| Also runs as | betano.dk, betano.cz, ro.betano.com, betano.bg, betano.de, betanocasino.be, betanosports.be, betano.pt, betano.ca, betano.ng, betano.co, betano.pe, betano.mx, betano.bet.ar |
| Companies of the other sites | Insipia Limited (betano.dk) · Denmark — Spillemyndigheden KAIZEN GAMING CZ LIMITED (betano.cz) · Czechia — Ministry of Finance Kaizen Gaming International Limited (ro.betano.com, betano.bg, betano.pt) · Romania — ONJN Decizia nr.172 din 30.01.2017 · Portugal — SRIJ Licença n.º 017 · Portugal — SRIJ Licença n.º 018 Betkick Sportsbetting Limited (betano.de) · Germany — GGL CASINOS AUSTRIA INTERNATIONAL BELGIUM (SA/NV) (betanocasino.be, betanosports.be) · Belgium — Gaming Commission A+ dossier 20000 VIAGE · Belgium — Gaming Commission Kaizen Gaming Canada Inc. (betano.ca) · Canada Ontario — iGaming Ontario · Canada Alberta — AGLC +4 more on the owner page |
| Sister casinos | 0 |
| Fines and actions | 0 |
| Owner proof | reported |
| Last checked | 16 Oct 2026 |
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 246/2025 | fixed-odds betting & online games | – 2026-10-25 | register |
About Kaizen Gaming (Betano)
Greek-founded gaming group behind the Betano brand, operating across Europe, Latin America, Canada and Africa. It started in 2012 as Stoiximan; the Greek and Cypriot Stoiximan business is now fully owned by Allwyn, while Allwyn holds a 36.75% minority in Betano (bought from OPAP in 2022). Kaizen holds its Romanian Class I licence through Kaizen Gaming International Ltd (Malta).
Headquarters: Greece · Founded: 2012 · Ownership: private (founder-led); Allwyn (ATHEX: ALWN) holds 36.75% of the Betano business outside Greece and Cyprus
How we know, and what we could not confirm
How we know: Kaizen Gaming's Brazilian company; iGB describes Betano as Kaizen Gaming-owned. Brazil-only .bet.br site. MP 1.394/2026 (25 Sep 2026) banned fixed-odds betting in Brazil: sites had to go offline from 6 Oct 2026 and all SPA authorisations end on 25 Oct 2026. The MP still needs approval by Congress and is challenged at the STF.
- The owner link comes from press reports; we have not confirmed it in a register or in the brand’s own terms.
Kaizen Gaming (Betano) sister sites, fines and sources →
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Questions and answers
Who owns Betano (Brasil)?
Kaizen Gaming (Betano). Press reports this link; we have not confirmed it in a register yet.
Is Betano (Brasil) licensed?
Yes. Its operator KAIZEN GAMING BRASIL LTDA holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games.
Has the owner of Betano (Brasil) been fined?
We have no fines and regulator actions on record.
Is Betano (Brasil) legit?
Betano (Brasil) is run by KAIZEN GAMING BRASIL LTDA, which holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. Its owner is Kaizen Gaming (Betano), a private company. Fines and regulator actions against Betano (Brasil)’s own company: 0. Sister sites with the same owner: 0. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
Sources
- https://www.gov.br/fazenda/pt-br/composicao/orgaos/secretaria-de-premios-e-apostas/transparencia-ativa-processos-de-autorizacao-de-apostas-de-quota-fixa/empresas-autorizadas
- https://igamingbusiness.com/legal-compliance/licensing/brazil-betting-regulator-new-licences
- https://www.in.gov.br/web/dou/-/medida-provisoria-n-1.394-de-25-de-setembro-de-2026-734808521
- https://www.gov.br/fazenda/pt-br/composicao/orgaos/secretaria-de-premios-e-apostas/transparencia-ativa-processos-de-autorizacao-de-apostas-de-quota-fixa/planilha-de-autorizacoes-1.csv
Last checked 16 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.
