Sports betting in Brazil will be privatized by the country after the proposed decree by the Ministry of Economy was signed into law in August by President Jair Bolsonaro. Expectation now is that the legalization will be complete and launch in 2024.

South America mostly accepts Bet365 inside its borders, and many countries provide licenses to the bookie, such as Brazil and Mexico. There are two main exceptions in South America, and we will explore more of them in the rest of the article.