Sustainable Gambling – Page 4

November 6, 2024

Brazil senate president still expects betting CPI creation despite delays, weeks before legal market launch

Senate president Rodrigo Pacheco still expects a parliamentary inquiry commission (CPI) on betting in Brazil to be established despite ongoing delays, with the legal market just weeks away.

On 8 October, Senator Soraya Thronicke requested the creation of a CPI into betting in Brazil, with the aim of investigating the “growing influence of online virtual gambling games on the budget of Brazilian families”.

The request surpassed the 27 signatures needed, with the commission having 130 days after its establishment to carry out its work. It will have 11 full members and seven substitutes.

The CPI was expected to be installed on 25 October. However, its creation was delayed due uncertainty over which senators would work on the inquiry.

Pacheco maintains the momentum for the establishment of the CPI on betting hasn’t been lost. Its creation is vital, he said, with the legal betting market set to launch in Brazil on 1 January 2025.

“It [the CPI] needs to be installed now and made to work..

October 31, 2024

Former Brazil finance ministry advisor warns against banning online betting

José Francisco Manssur, former special secretary of the Brazil ministry of finance, has cautioned that a ban on online betting would be a backwards step for the country.

On 21 October, Senator Sérgio Petecão proposed Bill 4,031/2024 to ban online betting in Brazil over concerns it is driving fiscal debt and gambling addiction.

The bill is the latest in a string of initiatives by politicians to restrict online betting in Brazil, which is set to launch its legal market on 1 January 2025.

Manssur played a key role in Brazil passing its online betting legislation over the line, before he left his position as an advisor in February of this year, subsequently becoming a partner at law firm CSMV Advogados.

With 269 companies having so far applied for a betting licence ahead of the January launch, Manssur says there is clear evidence the industry supports the Secretariat of Prizes and Bets’ (SPA) regulations and deems them sufficient in protecting players.

In an op-ed for Poder 360 dat..

October 30, 2024

Brazil ministry of finance agrees partnerships with match-fixing monitoring bodies

On Tuesday (29 October), Brazil's ministry of finance announced it has agreed to partner with four industry monitoring and integrity organisations to aid the fight against match-fixing.

The Secretariat of Prizes and Bets (SPA), which sits within the ministry of finance, penned Technical Cooperation Agreements (ACTs) with Genius Sports, Sportradar, the International Betting Integrity Association (IBIA) and the Sports Integrity Global Alliance (Siga and Siga Latin America) to counter fears over match-fixing in Brazil.

The partnerships will last for five years, with the collaborations aiming to strengthen the safety network surrounding the manipulation of sports in Brazil. They will consider the bodies’ learnings and experience in more mature markets like England and Australia.

The agreements will also serve to help the SPA gain knowledge of the betting market in Brazil, educating SPA teams on how to monitor the legal sports betting sector, which is set to go live alongside igamin..

October 8, 2024

Asian Football Confederation partners IBIA to tackle match-fixing

The Asian Football Confederation (AFC) has entered into a partnership with the International Betting Integrity Association (IBIA) strengthening its efforts to combat match-fixing across the sport.
Under the memorandum of understanding (MoU), the parties committed to jointly detect irregular betting patterns and suspicious activities in football. The partnership between the AFC and IBIA will run for a period of four years.

The IBIA will deploy its Monitoring and Alert Platform to share real-time data on suspicious betting activity with the AFC. This will strengthen the AFC’s abilities to investigate potential match manipulation.

Both parties also said that the partnership will support the AFC’s goal of creating a secure environment for the sport.

AFC committed to keeping football “clean”
Speaking about the deal, AFC general counsel and director of legal affairs, Andrew Mercer, says the organisation is committed to maintaining high ethical and sporting standards within football.

The ..

September 30, 2024

Brazil bills call for spending caps among various vulnerable groups

Two new bills in Brazil aim to curb addiction and prevent gambling harms by limiting how much vulnerable groups can bet. These include the elderly and those receiving financial benefits. President Lula is expected to address these measures later this week.
Ahead of the licensed betting market’s launch on 1 January 2025, various government officials have raised concerns about the harmful social and fiscal impacts gambling could have on Brazilians.

PL 3,718/2024, presented by Senator Alessandro Vieira, and Congressman Elmar Nascimento’s PL 3,745/2024, both seek to limit how much various vulnerable members of society can gamble. Both bills were presented late last week on 26 and 27 of September.

PL 3,718/2024 would limit betting among the elderly, those registered in the active debt or credit protection registry and low-income families on the government’s CadÚnico social welfare programme.

Spending caps would be enforced once a certain amount of money is lost via betting. Additional ..

September 24, 2024

Svenska Spel targets high school athletes in latest match-fixing campaign

Svenska Spel is taking a hardline stance on match-fixing by joining forces with various local sports associations to launch a new awareness campaign.
The ‘My match’ campaign warns match-fixing is the biggest threat to sport today. It urges those involved in sport to “say no” to manipulation and report any incidences.

Sweden’s Basketball Association, E-sports Association, Ice Hockey Association, Tennis Association and Football Association are involved in the initiative.

It is largely targeting high school athletes hoping to influence them to speak up if they are aware of any manipulation taking place. Various campaign videos will be shown in schools and at referee meetings across the various sporting associations involved.

“Match-fixing goes against sport’s fundamental idea of fair play, which is a prerequisite for the sport’s credibility and survival,” the campaign’s question and answers page explains.

“The main aim is to counteract the culture of silence that can arise when peo..

September 23, 2024

Grupo Silvio Santos partners OpenBet for new betting brand in Brazil

Grupo Silvio Santos has announced it will partner with OpenBet for the launch of its Todos Querem Jogar (TQJ) venture in Brazil, deploying the provider’s end-to-end betting ecosystem.
The new long-term agreement will see Grupo Silvio Santos, a conglomerate that includes the Brazilian Television Network (SBT), offer OpenBet’s responsible gambling technology, its player account management (PAM) system and its managed trading services.

Grupo Silvio Santos applied for a licence on 19 August, the day before the 20 August deadline for the initial 90-day window of preference. Operators that applied for a licence during that period will be guaranteed to have their applications processed by the legal market launch date of 1 January 2025.

The TQJ platform will aim to leverage Grupo Silvio Santos’ extensive media reach, with the conglomerate claiming its shows on SBT reach over 113 million Brazilians every month with an average per day viewership exceeding 29 million.

José Roberto Maciel, Grup..

September 10, 2024

Betano leading in Brazil with 23% of grey betting market share ahead of Bet365

Betano is currently leading the way in Brazil with a 23% share of the grey wagering market, a new white paper from OpenBet has indicated using research from global industry data consultancy H2 Gambling Capital.
Offering exclusive data analytics and projections from H2GC, the OpenBet report revealed Betano 23%of the Brazil betting market, with Bet365 following closely behind with a 20% share.

However, the report also outlined that with the legal market set to launch on 1 January 2025, the Brazilian industry will be increasingly competitive as local brands as well as a raft of international brands seek to get their share of an onshore market that H2GC predicts could reach $10.1bn (£7.7bn/€9.2bn) in gross gaming revenue (GGR) by 2029.

That would represent growth of nearly double, with H2GC estimating Brazil’s legalonline sports betting and igaming market will be worth around $5.6bn in 2025 GGR.Around $3bn of that will come from online sports betting, with igaming responsible for $2.6bn…

September 9, 2024

Brazil government preparing heavy crackdown on illegal betting payments

Pay4Fun director Ari Celia tells iGB Brazil's ministry of finance has established a new department to target black market operators. He expects Pix blocking efforts to be successful.
Brazil’s government is implementing hefty measures to prevent illegal operators from processing payments ahead of the legal betting market’s launch on 1 January 2025.

The government’s ministry of finance is setting up a team of eight civil servants who will specifically work on preventing illegal sites from taking and receiving payments, according to Celia.

The team will process complaints from the sector and seek to punish unlicensed payment providers and illegal sites.

Blocking Pix payments will be successful
One measure the government has publicly announced is blocking payments involving illegal operators made via Pix, an instant payment service controlled by the Central Bank of Brazil which the majority of the betting market uses.

Regulators in other markets like Germany and across Europe..

August 27, 2024

Survey estimates 10% of Brazil population has suffered gambling-related financial issues

A survey by market research specialist Hibou has revealed 10% of the population in Brazil has endured financial problems from gambling ahead of regulation coming into force.
The survey, which included 2,839 respondents in Brazil from all social classes, studied the prevalence of gambling in the population.

The study found 68% of Brazilians gamble, with around 16% of respondents stating they had suffered from financial issues due to their gambling.

Is pre-regulation gambling causing social issues?
That equates to around 10% of the Brazilian population. While this may cause concern it is important to note it covers a period before the legal online market launches. The first legal bets will be placed on 1 January 2025, with 113 operators applying for a licence during the initial 90-day window of preference.

Of those who had endured financial problems from gambling, 32% stated they had sold assets to make up for their losses. Additionally, 29% borrowed from friends or family, while 25% ..

August 19, 2024

Brazil committee endorses harsher penalties for match-fixing

Brazil's constitution and justice committee (CCJ) of the chamber of deputies has passed a bill that seeks to make the penalties for those found to have manipulated matches harsher.
The bill is looking to amend Brazil’s General Sports Law. It was originally authored by representative Bandeira de Mello before representative Orlando Silva drafted a revised version.

Current penalties for those guilty of match-fixing are a prison term of between two and six years as well as a fine. The substitute bill would increase that penalty from a third to a half should the person involved serve as a referee, player, coach, bettor or agent as well as a manager, director or representative of a sports club.

Additionally, the amended bill includes a prison sentence of between two and six years for those who solicit or recruit people such as referees, athletes, coaches or directors to commit manipulation.

The sports committee had already approved the bill. The chamber of deputies’ plenary will now ..

August 7, 2024

Match-fixing or mass hysteria in Brazil?

A match-fixing storm has recently engulfed football in Brazil with allegations of manipulation and lies providing a dramatic side plot to the upcoming launch of the country’s legal sports betting market. But is the problem actually as bad as feared?
If you ask people to name five things Brazil is most famous for, you’d be hard pressed to find someone who doesn’t mention football. The bright yellow shirts of the national football team are perhaps the most iconic around, with legendary players such as Pele and Ronaldo leading the Seleção to win five World Cups, the most of any country.

And yet, such a historic footballing nation has seen its most treasured sport thrown into disarray of late.

O jogo bonito is a religion in Brazil, but is there a dark side?
The row erupted when American businessman John Textor, owner of Botafogo de Futebol e Regatas, made allegations of match-fixing against São Paulo players. Textor claimed he had evidence they were bribed in a game against Palmeiras in ..

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Tag: Sustainable Gambling