July 27, 2023
The Brazilian Institute of Responsible Gaming (IBJR) has harshly criticised the tax proposals of the nation’s upcoming regulatory framework for sports betting. Signed off by President Lula da Silva earlier this week, ‘provisional measure No-1182’ has set out provisions for a nationally regulated betting market. This includes an increase in tax on licenced operators of 18%, prompting a negative response …
Read More »June 6, 2023
Novibet, LeoVegas, Pay4Fun and Grupo OKTO have become the latest members of the Brazilian Institute of Responsible Gaming (IBJR) as the industry awaits regulation of the market. The four companies – comprising three European-founded betting operators in Novibet and LeoVegas and two payments firms in OKTO and Pay4Fun – seek to contribute to the public discussion on Brazilian sports betting …
Read More »May 15, 2023
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 »March 16, 2023
Nine international betting companies with keen interest in the developing Brazilian market have formed a responsible gambling association in anticipation of federal regulation later this year. The Brazilian Institute of Responsible Gaming (IBJR) has been established by bet365, Betsson Group, Betway Group, Entain, Flutter, KTO Group, Netbet Group, Rei do Pitaco and Yolo Group. André Gelfi, Managing Partner Brazil for Betsson …
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