IBJR – Instituto Brasileiro de Jogo Responsável

Notícias

Betting companies say Public Security amendment protects the betting sector in Brazil

Representatives of online betting companies believe that the Public Security constitutional amendment strengthens and legitimizes the sector in Brazil. The proposal was approved by the Chamber of Deputies in early March and is now awaiting a vote in the Federal Senate. The approved text allocates 30% of betting revenues to the National Public Security Fund.

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IBJR Warns That Prediction Markets Are Disguised Betting and Require Regulation

The Brazilian Institute for Responsible Gaming (IBJR) has issued a statement regarding the possible creation of prediction markets in the country. The organization states that any operation in which a consumer assumes risk linked to the uncertain outcome of a sporting event constitutes a bet. This classification applies regardless of the terminology used, the technology

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