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A regulated Brazilian sportsbook/casino operated by a company under active police investigation for illegal gambling
Visit Montecarlos →Pros
- Genuinely licensed under SPA/MF 528/2025 - independently confirmed via a second source
Cons
- SEVERE: operator (Sistema Loterico de Pernambuco) and its owner are under active police investigation for illegal gambling ('jogo do bicho') since 2022 - independently confirmed via a second source
- Primary domain presents an expired SSL certificate to visitors
- No welcome/deposit bonus available (banned by Brazilian law)
Our verdict
We want to report the most serious finding directly. Montecarlos is genuinely operated by Sistema Loterico de Pernambuco Ltda (CNPJ 06.023.798/0001-73) under SPA/MF licence 528/2025 (the same company also operates McGames and formerly Montecarlosbet), per bnldata.com.br. Independently confirmed via a second, distinct source (portaldasapostas.com.br): this same company and its owner, Carlos Alberto Ferreira da Silva, are under active police investigation (since 2022, Pernambuco police) for illegal gambling ('jogo do bicho'), with an intelligence report linking the company to over 20 years of illegal gambling activity - and the brand name chosen for this now-regulated platform is reportedly the same one used by the illegal gambling operation in Recife. The government granted regulated authorization despite this history. Separately, the operator's own primary domain (montecarlos.bet.br) presented an expired SSL certificate this session - unusual and negligent for a live, licensed operator. Per our bonus data, no welcome or deposit bonus is available for this brand - Brazilian law bans these for all licensed operators since 1 January 2025.
How we rated it
Bonuses & value (18%)4
No welcome/deposit bonus is available, per our bonus data - Brazil's Law 14.790/2023 and SPA/MF rules ban these for licensed operators (effective 1 Jan 2025).
Sportsbook & casino (36%)3.5
A regulated Brazilian sportsbook and casino brand, genuinely operated under SPA/MF licence 528/2025 - independently confirmed via a second source, though platform details could not be independently verified since the operator's own domain presented a certificate error.
Customer support (18%)2.5
No independent review coverage could be located for this specific brand this session.
Trust & licensing (27%)1
SEVERE: independently confirmed via two sources: Montecarlos is operated by Sistema Loterico de Pernambuco Ltda, whose owner is under active police investigation (since 2022) for illegal gambling ('jogo do bicho'), with an intelligence report linking the company to 20+ years of illegal activity - regulated authorization does not erase this. The operator's own domain also presented an expired SSL certificate this session.
Welcome bonus
Quick facts
| SEVERE finding | Operator (Sistema Loterico de Pernambuco) and its owner are under active police investigation for illegal gambling ('jogo do bicho') since 2022 — independently confirmed via a second source |
| Type | Sportsbook & casino (Brazil) |
| Trust concern | Primary domain (montecarlos.bet.br) presents an expired SSL certificate |
| Bonus status | No welcome/deposit bonus - banned by Brazilian law (Law 14.790/2023, effective 1 Jan 2025) |
Where Montecarlos is licensed
Montecarlos appears on the official register in 1 country — 1 for sports betting and 1 for casino. We only feature it in markets where it holds a licence to accept you.
South America (1)
About Montecarlos
Montecarlos is genuinely operated by Sistema Loterico de Pernambuco Ltda (SPA/MF licence 528/2025), but the operator and its owner are under active police investigation for illegal gambling since 2022 - independently confirmed via a second source, a real, serious, disclosed concern.
FAQ
Is Montecarlos licensed in Brazil?
Yes, under SPA/MF licence 528/2025 (Sistema Loterico de Pernambuco Ltda) - but the operator and its owner are under active police investigation for illegal gambling since 2022, independently confirmed via a second source.
Is Montecarlos safe?
We found a serious, disclosed concern: the operator and its owner are under active police investigation for illegal gambling ('jogo do bicho'), and the operator's own domain presented an expired SSL certificate.
Does Montecarlos have a welcome bonus?
No - Brazilian law (Law 14.790/2023, effective 1 Jan 2025) bans welcome and deposit bonuses for licensed operators; only loyalty rewards/free bets for existing customers are permitted.
