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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Betsson to appear on the kit of Argentina’s Racing Club
Betsson is set to appear on the kits of Argentinian football team, Racing Club de Avellaneda, for the 2023-24 season. The operator’s branding will appear on the upper back of both the men’s and women’s teams next season for all local and international matches. Betsson Group’s CEO, Jesper Svensson, described the partnership as a solid opportunity to ‘further position the …
Read More »Ecuador’s Lasso demands 15% transactional tax on sports betting
Guillermo Lasso, President of Ecuador, has published a tax reform proposal aimed at improving the economic recovery and fiscal standing of the South American nation. Personally drafted by Lasso, the proposal forms part of an ‘urgent economic project’ and will be put forward to the National Congress of Ecuador, who will be given a 30-day period to review the proposal …
Read More »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 …
Read More »Coljuegos welcomes Dr Libos Zúñiga as new President
The government of Colombia has confirmed the appointment of Dr Libos Zúñiga as new President of federal gambling authority Coljuegos. Zúñiga, who is well-versed in economics, presently holds the role of deputy director of fiscal policy at the Ministry of Finance and Public Credit. His prior roles at the Ministry have included advising on the retail sector and tax policy. …
Read More »Rivalry’s Brazil creator marketing continues with Tribo addition
International esports operator Rivalry has continued to lay foundations in Brazil ahead of market regulation, partnering with Tribo, a Counter-Strike content group. The company, based in Toronto and active in the regulated markets of Ontario and Australia, will conduct campaigns and activations with Tribo members Alessandro ”Apoka” Marucci, André “Liminha” Kenzo, Fillipe “BT” Moreno, Victor “VelhoVamp” Taube and Jean “mch” …
Read More »Brazil to tighten laws on betting integrity, prize authorisation and tax allocations
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. …
Read More »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, …
Read More »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 …
Read More »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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