Skrill & Neteller Returns to Brazilian Gaming Market

Brazil’s online gaming community warmly welcomes the return of Skrill and Neteller after their exit from the market in February 2018.

BestBitcoinCasino.com previously reported that strict government regulations in Brazil forced the Paysafe Group to pull out Skrill and Neteller from the said local gambling market.

Now with proper licensing, the two top online payment wallets are now legally used by bettors living in Brazil, as confirmed by eWallet-Optimizer.

Luca Visco Gilardi, VP Account Management at Paysafe Group, also posted on his LinkedIn account during SiGMA 19 two weeks ago:

“@Sigma – happy to officially announce that NETELLER & Skrill are LIVE once again in BRAZIL”

With this development, players and bettors can use either Skrill or Neteller for money transactions in online sportsbooks like Pinnacle and bet365.

Meanwhile, the Brazilian government gets closer to legalizing casino gambling, following the legalization of sports betting in 2018, of which online and retail sports regulations are yet to be finalized.

Brazil’s Pres. Jair Bolsonaro, however, is leaving the decision to legalize casinos on the Evangelical Party that comprises 200 of 513 seats in the Congress.

As top global casino companies like Las Vegas Sands, MGM Resorts, Caesars, and Hard Rock International await the decision with regard to brick-and-mortar casinos in Brazil, online gambling operator Betsson has already made its move.

Betsson, which accepts Skrill, Neteller, and Paysafecard among others, now owns 75 percent share of Suaposta, a local race betting operator company, which is the only firm authorized to offer online bets on horse racing operated by Rio Grande do Sul Jockey Club (JCRGS).

Are you looking forward to using Skrill and Neteller in Brazil? Follow BestBitcoinCasino.com on Twitter and Telegram for more iGaming updates.