Select Operations Ltda: who it is and what it owns

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.

Ownershipprivate (owners not published)
HeadquartersBR
Gambling brands3 gambling brands · 3 websites in total
Operating companies1
Regulator fines0
Last checked15 Oct 2026

Gambling brands of Select Operations Ltda

NameWebsiteLicensesOwner proof
MMA closedmmabet.bet.brBrazil SPA (Ministry of Finance)verified
BetVIP closedbetvip.bet.brBrazil SPA (Ministry of Finance)verified
PapiGames closedpapigames.bet.brBrazil SPA (Ministry of Finance)verified

Operating companies and licenses

CompanyWhereLicenses
SELECT OPERATIONS LTDABRBrazil SPA (Ministry of Finance) Portaria SPA/MF nº 1.112/2025

Sources