Fbet

What Fbet does

Fbet Casino is an offshore online gambling platform that operates a unified casino and sportsbook product aimed at Brazilian adult consumers (18+). The platform aggregates 2,000+ titles from 80+ game providers including Pragmatic Play, Evolution Gaming, PG Soft, Spribe, NetEnt, Hacksaw Gaming, and Play'n GO, spanning slots, live dealer tables, crash/instant games, and fixed-odds sports betting. Distribution is direct-to-consumer via a browser-based web client plus an Android APK and iOS Progressive Web App (no Google Play or App Store presence), with acquisition funnels run through an editorial content property (fbetbrasil.com), Telegram and Instagram channels, and SEO/affiliate marketing.

The technology stack includes 256-bit SSL encryption, RNG certification from independent laboratories (BMM Testlabs, iTech Labs, GLI, eCOGRA, SIQ), KYC/AML controls keyed to Brazilian CPF numbers, and stated LGPD compliance. Pix is integrated as the primary payment rail (deposits R$20–R$50,000, withdrawals R$50–R$10,000 per day), with credit/debit cards and cryptocurrency as secondary methods. The platform is not licensed by Brazil's Secretaria de Prêmios e Apostas (SPA) or Ministério da Fazenda under Lei 14.790/2023 and explicitly discloses its offshore status.

Revenue is generated through the house edge on casino wagers (stated RTPs of 94–97%), sportsbook margin on odds, and bonus rollover mechanics (slots weighted 100%, live games 10–20%). Welcome bonuses and free spins function as customer acquisition levers. The company is privately held with no disclosed ownership structure, headcount, funding history, or financial statements; payment-flow scale and aggregator breadth are the only indirect scale signals available.

Name

Fbet

Legal name

Fbet Casino

Website

https://fbetbrasil.com

Company type

Private

Founded year

2024

Operating status

Operating

Short description

Fbet is an offshore online casino and sportsbook targeting Brazilian adult players with 2,000+ games from 80+ providers, Pix-integrated payments, and mobile access via Android APK and iOS PWA, operating outside SPA/MF regulation.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

Other Gambling Industries (713290), Gambling Industries (7132)

akta.pro primary industry

Real-Money Online Casino Operators (RNG Slots & Table Games) (MPAEABAA)

akta.pro secondary industry

Sportsbooks (Online & Mobile Operators) (MPAEACAA)

Keywords

• Online casino gaming
• Sports betting platform
• Live dealer games
• Slot machine games
• Brazilian gambling market

Headquarters

HQ city

Cruzeiro Da Fortaleza

HQ country

Brazil

HQ region

Latin America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel

Revenue model

1. Casino Gaming (Slots, Live, Crash): Revenue generated from player wagers on casino games including slots, live dealer games, and crash games. House edge built into game RTPs (94-97% typical).
2. Sports Betting: Sportsbook revenue from pre-game and live betting on football, basketball, tennis, and esports with house margin in odds.
3. Bonus Rollover Requirements: Welcome bonuses and free spins with wagering requirements create revenue from players who do not complete rollover. Slots contribute 100%, live games 10-20%.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Fbet operates an offshore online casino and sportsbook that aggregates more than 2,000 games from over 80 third-party providers, including slots, live casino tables, crash-style games, and a sports betting book. The platform targets Brazilian consumers with Pix-integrated deposits and withdrawals, 24/7 Portuguese-language customer support, and multi-channel access through a web portal, an Android APK, and an iOS progressive web app.

Product overview

Fbet is an offshore online casino and sportsbook platform focused on the Brazilian market, offering a unified product with multiple gaming verticals: slots (including Fortune Tiger/Tigrinho, Aviator, Spaceman, and 80+ providers), live casino with Evolution dealers, crash games, and a sportsbook for pre-game and live betting. The platform integrates Pix as the primary payment method and offers mobile access via Android APK and iOS PWA. With over 2,000 games from providers including Pragmatic Play, Evolution, PG Soft, and Spribe, the platform operates as a single integrated entertainment destination for Brazilian players.

Differentiator

Problem solved

Functional benefit

Products and services

• Online Slots
• Live Casino
• Crash Games

Quantifiable outcome

• 96.81% RTP on Fortune Tiger (Tigrinho)
• +2 more outcomes

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Pragmatic PlaycoreTechnology or IntegrationPrimary slot and crash game provider. Supplies Gates of Olympus, Sweet Bonanza, Big Bass Bonanza, Spaceman, and other popular titles. Games certified by BMM/iTech Labs.
• Evolution GamingcoreTechnology or IntegrationLive casino provider supplying roulette, blackjack, baccarat, and game shows with live dealers in Portuguese. Certified by GLI/MGA.
• PG SoftcoreTechnology or IntegrationProvider of Fortune Tiger (Tigrinho) - the #1 slot in Brazil. Also supplies Mahjong Ways and Asian-themed slots. Certified by GLI/eCOGRA.
• SpribecoreTechnology or IntegrationCrash game provider supplying Aviator and Mines. Certified by GLI/SIQ.
• Pix (Banco Central do Brasil)coreTechnology or IntegrationBrazilian instant payment system integrated as primary deposit and withdrawal method. CPF-matching ensures compliance with KYC requirements.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• KTO Casino: KTO is an online casino and sportsbook with strong Brazilian market presence, Pix integration, and similar slot/crash/live dealer verticals — directly competing for the same Brazilian player cohort as Fbet.
• 22Bet: 22Bet is an offshore online casino and sportsbook with Pix support, multi-provider slot libraries, and Brazilian-friendly bonus structures — closely aligned with Fbet in category, payment rails, and customer targeting.
• Betwinner: Betwinner runs an offshore casino + sportsbook platform accepting Brazilian players, integrating Pix and offering similar slot/crash/live casino verticals — overlapping product, payment rails, and target segment.
• 1xBet: 1xBet operates an offshore casino + sportsbook with Pix support, multi-thousand-game libraries from the same tier-1 providers (Pragmatic Play, Evolution, PG Soft), and aggressive bonus offerings to Brazilian and LATAM players — directly comparable offering and customer base.
• Stake.com: Stake is a leading offshore crypto-friendly casino and sportsbook widely used by Brazilian players, offering Pragmatic Play slots, crash games, and live casino — comparable product mix and offshore operating model to Fbet.
• Brazino777: Brazino777 is an offshore online casino and sportsbook that explicitly targets Brazilian players with Pix deposits, Portuguese-language support, and popular slots/crash games — making it the closest direct offshore competitor to Fbet in product and go-to-market.

Broad incumbents

• Bet365: Bet365 is a global incumbent offering online casino, live dealer, and sports betting, including operations in Brazil; competes for the same Brazilian player segment but at vastly larger scale and brand recognition.
• Betano: Betano is a major licensed online casino and sportsbook in Brazil (operating under .bet.br post Lei 14.790/2023), offering slots, live casino, and sportsbook — competing with Fbet for Brazilian players but constrained by SPA/MF bonus and marketing rules.
• Betsson: Betsson is a publicly listed European online casino and sportsbook group with multi-thousand-game libraries, live dealer, and sportsbook products — overlapping with Fbet's core verticals and increasingly active in LATAM markets.
• LeoVegas: LeoVegas is an established multi-jurisdiction online casino operator with comparable slot, live dealer, and sportsbook verticals; an incumbent player in offshore and selectively regulated markets that competes for the same Brazilian-facing customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fbet