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Brazil betting executives cite regulatory instability after market regulation

Regulation

Executives from Galera Bet and CDA Gaming discussed Brazil’s regulated betting market at SBC Summit Americas, held in Fort Lauderdale from 9 to 11 June. Galera Bet chief executive Marcos Sabiá said early onboarding problems, legal uncertainty and ineffective action against illegal platforms had affected compliant operators; CDA Gaming legal director Joberto Porto praised the SPA’s role in building the regulatory framework while also noting instability.

Operators face onboarding and legal-certainty challenges, while the SPA’s regulatory work shapes the conditions for compliant businesses.

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Regulation

Brazilian betting regulation debate draws criticism of anti-betting campaign

A Portuguese-language opinion article argues that Brazil should address betting through evidence-based regulation rather than calls to prohibit it. It says fixed-odds betting regulation required more than 100 documents from operators and included identity checks, financial controls, anti-money-laundering measures, age restrictions and taxation. The author also says the Secretariat of Prizes and Bets had proposed a consultation to tighten oversight.

According to the author, Paula Lavigne is taking part with First Lady Janja in a campaign against betting, summed up by the slogan "Bets Nunca Mais" (Bets Never Again). The same piece holds that public policy should be built on evidence, proportionality and regulatory capacity instead of slogans or selective convictions.

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