IBJR – Instituto Brasileiro de Jogo Responsável
Concerned about competition and harmful effects of betting sites, entities call for tougher regulations.
Judge André Mendonça’s decision dismisses the argument that Rio’s license is valid across the country, affecting barred companies.
An LCA study estimates that Brazil’s net annual spending on bets is R$ 16.3 billion.
The Brazilian Institute for Responsible Gambling advocates for regulation to prevent fraud and match-fixing.
Companies associated with the Brazilian Institute for Responsible Gambling use artificial intelligence to identify and block suspicious operations.
Lawmakers meet this Wednesday to vote on requests; government regulation of bets still has no set date.
Strict and clear rules protect consumers and benefit the sports betting market and the Brazilian economy.
The concept includes practices to ensure online betting is conscious, safe, and respects players’ limits.
IBJR advocates for government rigor in granting licenses for companies to operate in the country.
