The testimony of former gambling addict André Rolim shocks the CPI of Bets, which will recommend urgent actions to protect vulnerable customers from engaging with gambling. The Brazil Bets regime’s safeguards to protect vulnerable consumers have been examined in the ongoing Commission Parliamentary Inquiry (CPI) investigating the financial and economic liabilities of Brazil’s growing online gambling marketplace. A tense testimony …
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CPI Senators told to close tax disparities & AML loopholes
The tax liabilities and fiscal responsibilities of the Brazil Bets regime continue to be scrutinised by the Parliamentary Commission Inquiry (CPI) led by Soraya Thronicke (Podemos-MS) and Senator Dr Hiran Goncalves (PP-RR). Following a brief pause, the commission, referred to as the ‘CPI of Bets,’ has reinitiated testimonies from key legislative stakeholders to provide feedback on the economic accountabilities of …
Read More »CPI orders Brazil Senate to ban instant bets & apply integrity blacklist
Next week, the Senate of Brazil will review proposals made by the CPI of Integrity, a congressional inquiry, to ban instant bets and apply toughest punishment on sports corruption Senator Romário (PL-RJ) and Senator Jorge Kajuru (PSB-GO) are ready to publish the first regulatory recommendations on the protections and integrity of the Brazil Bets market. The recommendations form part of …
Read More »Brazil Bets undermined by no specific law on tax duties
Beginning its hearing, the parliamentary inquiry into the Bets regulatory regime is told that, somehow or some way, Brazil Bets tax liabilities will be accounted for… As the first quarter of the Brazil Bets market winds down, its nascent regulatory framework has guaranteed just one certainty: that tax liabilities remain unaccounted for. The week of 11 March marked the first …
Read More »Brazil CPI of Integrity says key match-fixing suspect still overseas
Brazil’s Parliamentary Commission of Inquiry (CPI), set up to investigate corruption within the national football structures, is still missing a key person of interest. William Pereira Rogatto, a Brazilian businessman issued an INTERPOL Red Notice and arrested by UAE authorities back in November 2024, is still awaiting deportation back to his home country. Rogatto, currently being held in a Dubai …
Read More »SPA assigns ‘GTI unit’ to scrutinise fiscal compliance of Bets
The Secretariat for Prizes and Betting (SPA) has established a new ‘strategic unit’ to oversee the fiscal compliance and licensing obligations of operators authorised to participate in the Brazil Bets market. The unit, named ‘GTI-Bets’, has been formed through a cooperative arrangement with the Federal Revenue Service. As detailed by SBC Notícias Brazil: “GTI-Bets aims to monitor the behaviour of …
Read More »Brazil delays CPIs on Bets economic & integrity threats
The Senate of Brazil has “partially delayed” the Commission of Inquiry (CPI) investigations aimed at reviewing the laws, standards, and protections of the Bets regime. The CPIs will serve as the Senate’s evaluation of Brazil’s fixed-odds and online gambling market under the Bets framework, scheduled to launch in 2025. The Senate’s evaluation, assigned to the “CPI of Bets,” will examine …
Read More »Senate approves CPI of Brazil Bets financial vulnerabilities
The Senate of Brazil has authorised a Commission of Inquiry (CPI) to investigate the financial impacts of the upcoming Bets regime, which will regulate fixed-odds betting and online gambling in the country. Senator Soraya Thronicke, representing Mato Grosso do Sul, initiated the request for the inquiry and gained the support of 30 senators to launch the “CPI of Bets.” According …
Read More »European casino industry gathers in Berlin for Slot Summit
Leading figures from the European casino industry have gathered in Berlin for the European Slot Summit, to learn about the new technologies and gaming development facing the gaming floor. Around 100 influential organisations are in attendance for the 3-day networking event. The Summit has an impressive speaker line up, which includes first day talks from Lucien Wijsman, Paul Steelman, Dallas …
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