Former SPA deputy secretary discusses Brazil’s betting rules in interview
In an interview, former Brazil Secretariat of Prizes and Bets deputy secretary Simone Vicentini discussed the development of the country’s betting framework and remaining challenges. She said work began before the December 2023 betting law, with the finance ministry setting institutional and regulatory foundations; she also noted that no reliable, validated estimate of the unregulated market’s size was available then.
Vicentini’s account describes how Brazil’s regulatory framework was built and identifies an evidence gap in estimates of the earlier unregulated market.