Who owns Free?
As of : Free is owned by Betboom Ltda. It holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. The same owner has 1 other casino. Who owns that company is not published.
| Ultimate owner | Betboom Ltda (private (owners not published)) |
|---|---|
| Operating company | BETBOOM LTDA, BR · reg. CNPJ 54.951.974/0001-80 |
| Licences | Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 2.103/2024 expired |
| Products | Sports betting, Casino |
| Website | free.bet.br |
| Sister casinos | 1 |
| Fines and actions | 0 |
| Owner proof | verified |
| Last checked | 15 Oct 2026 |
In numbers
- BETBOOM LTDA also runs 1 other gambling brand under the same company and licence.
- Betboom Ltda owns 2 casino and betting brands in our data.
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 2.103/2024 | fixed-odds betting & online games | – 2026-10-25 | register |
About Betboom Ltda
Brazilian company (CNPJ 54.951.974/0001-80) that held a federal SPA authorisation for fixed-odds betting and online games. Brands on the official list: BetBoom, Free. No parent group is named in the official list or in trade press found.
Headquarters: BR · Ownership: private (owners not published)
How we know, and what we could not confirm
How we know: 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 ultimate owner (the people or company at the top) is not published.
1 sister casino
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.
Does self-exclusion at Free cover its sister sites? · How national self-exclusion schemes work
Betboom Ltda 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 Free?
Betboom Ltda.
Is Free licensed?
Yes. Its operator BETBOOM LTDA holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games.
Has the owner of Free been fined?
We have no fines and regulator actions on record.
Is Free legit?
Free is run by BETBOOM LTDA, which holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. Its owner is Betboom Ltda; who owns Betboom Ltda is not published. Fines and regulator actions against Free’s own company: 0. Sister sites with the same owner: 1. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.
What are Free’s sister sites?
Free has 1 sister casino with the same owner, Betboom Ltda: BetBoom. Full list: all Betboom Ltda 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://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.
