Who owns BetVIP?
BetVIP is owned by Select Operations Ltda. The site runs under SELECT OPERATIONS LTDA, BR, with a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games. The same owner has 2 other casinos. Who owns that company is not published.
| Ultimate owner | Select Operations Ltda (private (owners not published)) |
|---|---|
| Operating company | SELECT OPERATIONS LTDA, BR · reg. CNPJ 56.875.122/0001-86 |
| Licenses | Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 1.112/2025 |
| Products | Sports betting, Casino |
| Website | betvip.bet.br |
| Sister casinos | 2 |
| Fines and actions | 0 |
| Owner proof | verified |
| Last checked | 15 Oct 2026 |
In numbers
- SELECT OPERATIONS LTDA also runs 2 other gambling brands under the same company and licence.
- Select Operations Ltda owns 3 brand families with 3 websites in our data.
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Brazil SPA (Ministry of Finance) Portaria SPA/MF nº 1.112/2025 | fixed-odds betting & online games | – 2026-10-25 | register |
About Select Operations Ltda
Brazilian company (CNPJ 56.875.122/0001-86) that held a federal SPA authorisation for fixed-odds betting and online games. Brands on the official list: MMA, BetVIP, PapiGames. 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.
2 sister casinos
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.
Everything Select Operations Ltda owns, with 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 BetVIP?
Select Operations Ltda.
Is BetVIP licensed?
Yes. Its operator SELECT OPERATIONS LTDA holds a licence from Brazil SPA (Ministry of Finance) for fixed-odds betting & online games.
What are the sister casinos of BetVIP?
MMA, PapiGames.
Has the owner of BetVIP been fined?
We have no regulator fines on record.
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.