By SectorWire desk ·
The International Association of Gaming Regulators elected Fabio Macorin to its board. Macorin serves as deputy secretary at SPA, the Brazilian Ministry of Finance's betting regulator.
Fabio Macorin’s election gives Brazil’s betting regulator SPA representation on the International Association of Gaming Regulators’ board.
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Fabio Macorin’s appointment gives Brazil’s gambling regulator deputy secretary an international role on IAGR’s board of trustees.
IAGR’s board gains Fabio Macorin’s experience in Brazilian betting supervision, financial crime prevention and law enforcement.
The report links a betting ban to risks for regulated market revenue and responsible gambling measures.
The increase in unauthorised sites alongside takedowns shows the enforcement challenge created by the betting ban.
The appointment places Mariana Piccoli Lins Cavalcanti in SPA’s undersecretary role for sanctioning action in Brazil.
CAIXA Loterias’ revenue rose 5.4%, while allocations and taxes contributed approximately R$6.9bn to public purposes.