Who owns BetMGM Brasil?
As of : BetMGM Brasil is owned by MGM Resorts International, listed (NYSE: MGM). The site runs under BOA LION S.A., BR, with a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. The same owner has 10 other casinos. Press reports this link; we have not confirmed it in a register yet.
| Ultimate owner | MGM Resorts International (listed (NYSE: MGM)) |
|---|---|
| Owner chain | Boa Lion (BetMGM Brasil) → MGM Resorts International |
| Operating company | BOA LION S.A., BR · reg. CNPJ 53.837.227/0001-52 |
| Licences | Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 2.098/2024 expired |
| Products | Sports betting, Casino |
| Website | betmgm.bet.br |
| Sister casinos | 10 |
| Fines and actions | BetMGM Brasil’s own company: 0 · whole MGM Resorts International group: 6 |
| Owner proof | reported |
| Last checked | 15 Oct 2026 |
In numbers
- BOA LION S.A. also runs 1 other gambling brand under the same company and licence.
- MGM Resorts International owns 11 casino and betting brands (20 websites) in our data.
- 6 fines and regulator actions against the owner since 2023, about €1.4 million in total (converted to euros).
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 2.098/2024 | fixed-odds betting & online games | – 2026-10-25 | register |
About MGM Resorts International
US casino-resort company. It owns LeoVegas Group outright since 2022 and holds 50% of the BetMGM US joint venture with Entain.
Headquarters: USA · Founded: 1986 · Ownership: listed (NYSE: MGM)
How we know, and what we could not confirm
How we know: Boa Lion is the MGM Resorts and Grupo Globo joint venture that runs BetMGM in Brazil (Entain is not a partner here). 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.
10 sister casinos
Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.
- LeoVegasleovegas.com
BetMGMbetmgm.se
BetUKbetuk.com
Royal Pandaroyalpanda.com
Pink Casinopinkcasino.co.uk- 21.co.uk21.co.uk
- Slot Bossslotboss.co.uk
Expektexpekt.com
GoGoCasinogogocasino.com- MGMmgm.bet.br closed
Does self-exclusion at BetMGM Brasil cover its sister sites? · How national self-exclusion schemes work
MGM Resorts International sister sites, fines and sources →
Fines and regulator actions
None of these 6 names BetMGM Brasil’s own company; they concern other companies of the MGM Resorts International group. The company column names who was fined.
Fines from the 40 regulators, prosecutors and courts we track, online gambling only; fines against land-based casinos are out of scope. How we count fines.
| Date | Company | Regulator / court | Amount | Reason |
|---|---|---|---|---|
| 2026-09-23 | MGM Resorts International | USA Pennsylvania — PGCB | USD 50,250 | Consent agreement: failed to file a Principal Licensing application on time. source |
| 2025-10-01 | LeoVegas Gaming p.l.c. | Kansspelautoriteit (Netherlands) | EUR 500,000 | Fine for breaching the duty of care towards ten players (7 Oct 2023 to 14 May 2024): weak analysis of play and no fitting interventions. Objection rejected and fine upheld on 9 June 2026 (published 24 June 2026); appeal to the Rechtbank Den Haag possible. source |
| 2025-03-25 | Roar Vegas Ltd (LeoVegas brand) | Spelinspektionen (Sweden) | SEK 8,000,000 | Warning and fee for not acting early enough on excessive gambling (duty of care). source |
| 2025-03-07 | Leovegas Gaming, PLC | Spain — DGOJ | EUR 60,000 | Did not meet the technical requirements set by the gambling regulations. Nominal fine €100.000; reduced to €60.000 after the firm admitted liability and paid early. Case ES/2025/015; DGOJ lists it under 2025. source |
| 2025-01-29 | Leovegas Gaming, PLC | Spain — DGOJ | EUR 75,000 | Used technical systems that were not approved, e.g. moving gambling data to a new data centre without approval. Nominal fine €125.000; reduced to €75.000 after the firm admitted liability and paid early. Case ES/2025/007; DGOJ lists it under 2025. source |
| 2023-04-20 | LeoVegas Gaming PLC | AGCO (Ontario) | CAD 25,000 | Order of monetary penalty for offering an uncertified game on its Ontario site. source |
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 BetMGM Brasil?
MGM Resorts International. Press reports this link; we have not confirmed it in a register yet.
Is BetMGM Brasil licensed?
Yes. Its operator BOA LION S.A. holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games.
Has the owner of BetMGM Brasil been fined?
6 records on file. The latest: USA Pennsylvania — PGCB, 2026-09-23.
Is BetMGM Brasil legit?
BetMGM Brasil is run by BOA LION S.A., which holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. Its owner is MGM Resorts International, a listed company. Fines and regulator actions against BetMGM Brasil’s own company: 0; against the whole MGM Resorts International group: 6. Sister sites with the same owner: 10. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
What are BetMGM Brasil’s sister sites?
BetMGM Brasil has 10 sister casinos with the same owner, MGM Resorts International: LeoVegas, BetMGM, BetUK, Royal Panda, Pink Casino and 5 more. Full list: all MGM Resorts International sister sites.
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://next.io/news/investment/mgm-grupo-globo-jv-acquires-bingao-brasil
- https://www.gamblingnews.com/news/mgm-grupo-globos-boa-lion-sets-out-to-acquire-bingao-do-brasil
- 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 15 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.
