Reals acquires new São Paulo headquarters, plans to hire 1,500 employees

Reals, a betting platform recently authorized by the Ministry of Finance to operate in Brazil, has announced the acquisition of a new headquarters in São Paulo. The company plans to hire up to 1,500 employees in the coming months as it expands its operations in the regulated Brazilian betting market.

"The official inclusion of Reals in the Betting Management System (SIGAP) confirms our compliance with current requirements and positions us solidly in the regulated betting market," the company said in a statement released on Thursday.

Reals expressed its dedication to ethical and responsible operations, stating it will continue to offer a safe environment for users while supporting sports, culture, and the economy. The company also highlighted its partnerships with Brazilian football clubs Amazonas and Coritiba, both of which will feature the Reals logo on their uniforms once again.

"We remain confident that regulation will bring significant advances to the betting sector in Brazil and we reiterate that Reals is prepared to actively contribute to this process," the operator added. The company’s acquisition of a new headquarters and plans to expand its workforce mark a new phase in its development.