Tag Archives: brazil

IBJR calls for a rethink on Brazil’s betting tax and licensing demands 

SBC News IBJR calls for a rethink on Brazil's betting tax and licensing demands 

The newly formed Brazil Institute for Responsible Gaming (IBJR) has warned the government that its proposed measures to regulate sports betting carry ‘unnecessary market risks’.  The new trade body – which formed this May and carries the membership of bet365, Flutter, Entain, Betsson Group, Betway Group, Yolo Group, NetBet Group, KTO Group, and Rei do Pitaco – has written to …

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Lira intervention threatens the federal passage of Brazilian sports betting

SBC News Lira intervention threatens the federal passage of Brazilian sports betting

Arthur Lira, the President of Brazil’s Chamber of Deputies, has intervened in the process of regulating a federal sports betting regime. Representing the Lower House of Brazil, Lira has demanded that the government’s “provisional measure” to regulate sports betting be converted into a federal bill. Last week, Brazilian ministries received a “provisional measure” drafted by the Ministry of Finance, which …

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IBIA to ensure the integrity of Brazilian sporting events

SBC News IBIA to ensure the integrity of Brazilian sporting events

The International Betting Integrity Association (IBIA) has signed a sports betting integrity protection agreement with the Brazilian Institute of Responsible Gaming (IBJR). In response to the arrival of regulation in the sector and the manipulation of matches and bets concerning Brazilian sporting events, the deal will develop activities which reinforce monitoring against match-fixing and reliability in sporting events and online …

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Brazil to tighten laws on betting integrity, prize authorisation and tax allocations 

Brazil’s IBGR lambasts Lula administration’s betting tax ‘burden’

Yesterday afternoon, Brazil’s federal government notified agencies of its imminent plans to publish provisional measures required to regulate a fixed-odds sports betting market.  Via SBCNoticias, further developments have been uncovered in relation to the regulatory development of Brazil’s pending sports betting regime, with measures drafted by the Ministry of Finance and due to be endorsed by President Lula da Silva. …

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Brazil publishes provisional measures on Betting Tax & Market Safeguards

SBC News Brazil publishes provisional measures on Betting Tax & Market Safeguards

The Federal Government of Brazil has informed stakeholders and agencies about its imminent proposal to regulate a fixed-odds sports betting regime. A provisional notice has been published on the government’s website, outlining the proposed rules and measures drafted by the Ministry of Finance. These measures aim to regulate Brazilian sports betting. The proposal will engage multiple ministries, including Planning, Management, …

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Brazil trade group copies UK model on betting advertising  

SBC News Brazil trade group copies UK model on betting advertising  

The newly formed Brazilian Institute for Responsible Gaming (IBJR) has announced a self-regulated code for betting advertising, titled the “Brazilian Code for Advertising Self-Regulation”, published in anticipation of the government concluding its federal framework to legalise sports betting.  The advertising code was announced as the first major initiative of the Trade Body that was officially formed on 9 May in …

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James Kilsby: VIXIO MAT is a game changer for regulatory intelligence

SBC News James Kilsby: VIXIO MAT is a game changer for regulatory intelligence

This May, VIXIO Regulatory Intelligence launched its Market Assessment Tool (MAT) –  a first-of-a-kind device providing a comprehensive overview of over 140 global gambling jurisdictions for all stakeholders. Central to MAT’s development, SBC gets the full breakdown from VIXIO VP & Chief Analyst James Kilsby on delivering a +2-year project to match the industry’s intelligence demands for an evolving and …

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IBIA enhances integrity of Brazil’s ‘dynamic and competitive’ betting market

SBC News IBIA enhances integrity of Brazil’s ‘dynamic and competitive’ betting market

The International Betting Integrity Association (IBIA) has announced that it is expanding its integrity monitoring and wider anti-match-fixing operations in Brazil.  The decision comes in response to new government regulations, the ‘rapid growth’ of the Brazilian sports betting market as well as IBIA data confirming that the country’s sport is a regional target for criminal match-fixers.  Khalid Ali, IBIA CEO, …

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IBIA Q1 report urges greater integrity protection for Brazil

SBC News IBIA Q1 report urges greater integrity protection for Brazil

The International Betting Integrity Association (IBIA) has released its Q1 2023 Integrity Report, revealing 40 instances of suspicious betting activity identified by its membership, which represents nearly 50% of all commercial online betting worldwide and over $137 billion in sports betting turnover. The report highlighted the critical need for effective integrity solutions in Latin America, of importance for Brazil, and …

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