News
Below you can find the main news stories that featured the participation of IBJR.
IBJR Announces Four New Betting Operators as Members
IBJR welcomes Alfa bet, BetBoom, Betnacional, and EstrelaBet as new associated companies.
Bets Move R$ 25 Billion, but Illegal Market Still Dominates; Expert Comments on Risks
One hundred days after regulation, Brazil’s betting market handles R$ 25 billion, yet illegal operators continue to function.
Legalization of Betting in Brazil: Industry Experts Advocate for the Importance of Responsible Gaming
Legalizing bets, casinos, ‘jogo do bicho,’ and bingo is expected to increase tax revenue and create jobs.
Due to Lack of Oversight, Regulated Bets Face Unfair Competition from Illegal Operators
Betting houses continue to operate illegally, generating billions of reais in revenue underground.
Illegal Bets Earn Over R$ 1 Billion per Month, Says Association
According to André Gelfi, founder of the Brazilian Institute for Responsible Gambling, the unregulated market accounts for 60% of the...
Survey: 27.4% of Brazilian Fans See Betting as an Investment
The study shows that 68.5% access platforms for fun and entertainment, and only 4.2% admit betting due to addiction.
In Five Years, Number of Betting Houses Expected to Halve, Says Industry Representative
André Gelfi, CEO of IBJR, also expects most illegal operators will be phased out.
