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Brazil

IBJR partners with the International Betting Integrity Association to develop actions for sports integrity in Brazil

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The objective is to collaborate to create protective measures that ensure the safety of sports, operators and players.

 The Brazilian Institute of Responsible Gaming (IBJR) has signed a sports betting integrity protection agreement with the International Betting Integrity Association (IBIA), the main global voice on integrity for the licensed betting sector. The primary aim of the agreement is to develop activities that reinforce monitoring against match-fixing and reliability in sporting events and online betting in Brazil. The partnership between the associations is a response to the arrival of regulation in the sector and the manipulation of matches and bets concerning Brazilian sporting events.

IBIA is a world leading industry-led sports integrity monitoring organisation that represents over 120 licensed sports betting brands globally that cross-reference alerts generated by the security systems of member operators in order to identify suspicious bets linked to match-fixing. IBIA members can provide exclusive data to be used as evidence in investigations such as those currently taking place in Brazil. According to consultancy H2 Gambling Capital, IBIA members already represent more than 60% of the online gambling market in Brazil.

IBIA and IBJR are not-for-profit bodies that are run by operators for operators with a core mission to protect regulated sports betting markets, especially for sports and consumers. The agreement aims to strengthen ties between the two associations, collaborating in actions that seek to establish a viable betting market, with high onshore consumer channelling rates, and ensuring the integrity of the Brazilian market, one of the largest in the world. H2 Gambling Capital estimates that the Brazilian sports betting market grew by 44.4% from 2021 to 2022, reaching BRL 4.5 billion in gross gambling revenue (GGR), and should reach BRL 9.2 billion by 2027 (an increase of 105%).

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According to IBJR’s CEO, André Gelfi, the recent events involving football players in match-fixing schemes highlights the importance of regulation to maintain the integrity of the sport, the betting industry and bettors. “Sector regulation is essential to increase the authorities’ monitoring and collaboration actions to curb match-fixing schemes, protecting sports betting companies and Brazilian bettors. To that end, we have already introduced IBIA representatives to the key authorities so that closer cooperation can be established to tackle the issue effectively”.

Commenting on the partnership with IBJR, Khalid Ali, CEO of IBIA, said: “IBIA is delighted to reach this important agreement with the IBJR. It is clear from our conversations that we share the same values and goals for the Brazilian sports betting market. That prioritises the integrity of the betting product and the protection of consumers and sporting events in Brazil. We will now be seeking to explore joint projects that progress those important objectives.” He explained that what differentiates IBIA from commercial odds monitoring systems is the ability to track transactional activities linked to individual consumer accounts, rather than analysing simple betting odds movements, and which can contribute to improved protection of the sports betting market in Brazil.

Andre Gelfi and Khalid Ali concluded by committing their organisations to jointly seeking practical solutions to any integrity issues in Brazilian sport. IBJR and IBIA will be seeking to work closely with policymakers and sports bodies to ensure Brazil enjoys the full benefits of a dynamic and competitive sports betting market, whilst reducing the risks of match-fixing.

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BETBY

THE WINNING BET: NAVIGATING BRAZIL’S EVOLVING SPORTS BETTING MARKET

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BETBY, a leading provider of sports betting solutions, is pleased to announce the release of a comprehensive industry report titled “The Winning Bet: Navigating Brazil’s Evolving Sports Betting Market”. This insightful report provides a deep dive into the intricacies of Brazil’s dynamic sports betting landscape, offering valuable insights for businesses looking to capitalize on this burgeoning market.

The report covers various key aspects, including:

· Historical background of sports betting regulations in Brazil;

· The state of digital connectivity in Brazil, including internet usage and mobile connectivity;

· In-depth analysis of player betting behavior, revealing trends and preferences among Brazilian sports bettors;

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· Market potential and growth projections for the Brazilian sports betting industry;

· Recommendations for businesses aiming to succeed in the Brazilian market.

With Brazil’s recent regulatory changes opening up new opportunities in the sports betting sector, understanding the nuances of the market has never been more critical. This report equips businesses with the knowledge and insights needed to navigate Brazil’s evolving sports betting landscape successfully.

For businesses seeking to establish a presence or expand their operations in Brazil’s sports betting market, Betby offers tailored sportsbook solutions and expertise to meet their needs.

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Brazil

GLI® First Lab to Achieve Accreditation by the Secretaria De Prêmios e Apostas to Certify Betting Systems, Live Game Studios, and Online Games to be used by Fixed-odds Lottery Operators for Brazil

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Gaming Laboratories International (GLI®) has become the first laboratory to achieve accreditation to certify for betting systems, live game studios, and online games to be used by fixed-odds lottery operators by the Secretaria De Prêmios e Apostas (SPA) in Brazil.

The accreditation means GLI is authorized to test and certify equipment, programs, instruments, and devices that comprise betting systems, live game studios, and online games to be used by fixed-odds lottery operators for the recently enacted national regulatory regime of Brazil.

“We commend the outstanding work that SPA has done in creating a regulatory framework by adapting global best practices to their jurisdiction need and thank them for the transparency and professionalism of this laboratory accreditation process,” said Karen Sierra-Hughes, GLI Vice President for Latin America, Caribbean, and Spain. “We are grateful for the trust put in our work by Brazilian operators and suppliers in the past years in their self-regulatory efforts to voluntarily adhere to compliance processes, which puts them in the position to transition effortlessly to the rise of regulations that are in development today. We have witnessed the efforts that the government and the industry had made throughout all these years to regulate different forms of gaming and lottery, and we feel fortunate to have been part of it while sharing our global expertise and putting the local focus needed in providing support customized to the Brazil culture and particularities of this unique market. We are looking forward to being part of this very exciting time in Brazil and now finally also as an official accredited laboratory for this great country.”

GLI has been working with regulators, lotteries, and industry stakeholders across the Latin American and Caribbean region for more than 26 years in their efforts towards regulation, sustainable growth, and eradicating illegal gaming. In Brazil, GLI has been side by side with government entities and all industry stakeholders for nearly 20 years, participating in public hearings in the Senate, Chamber of Deputies, and State government level, and in recent years, adding strategic local representation to strengthen their local support.

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This milestone is the latest for GLI in Latin America. Last month, GLI became the first lab to achieve accreditation to test online gaming, wagering, and retail sports betting in Peru. Last year in Brazil, GLI was the first lab authorized to test and certify for the Lottery of Parana LOTTOPAR, and GLI will become accredited in all states where laboratory accreditation will be required in Brazil.

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3 Oaks Gaming

3 Oaks Gaming makes Brazilian debut with strategic EstrelaBet partnership

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iGaming supplier expands global presence in key LatAm market

3 Oaks Gaming, an established distributor of iGaming content, has unveiled its partnership with online gambling operator, EstrelaBet.

In a strategic move, 3 Oaks Gaming will seamlessly integrate its extensive portfolio of content into EstrelaBet’s platform, granting players access to a diverse array of high-quality titles.

The supplier’s portfolio boasts a selection of high-performing games such as 3 Egypt Chests: Hold and Win, Coin UP: Hot Fire 3×3, and Sun of Egypt 4, renowned for their immersive gameplay, balanced mechanics, and cutting-edge graphics.

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This collaboration marks 3 Oaks Gaming’s entry into Brazil, a market poised for exponential growth with its vast population exceeding 215 million, thereby significantly expanding the global footprint of the distributor’s content.

Sebastian Damian, Managing Director of 3 Oaks Gaming, said: “Our partnership with EstrelaBet signifies an important milestone in our international expansion efforts, perfectly aligning with our strategic objectives.

“We eagerly anticipate bringing our esteemed collection of titles to one of the major brands in such a promising market.”

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