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IBIA and aPAL sign agreement on Chilean online betting regulation

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The International Betting Integrity Association and the Chilean Association of Online Betting Platforms signed a memorandum of understanding to support online betting regulation in Chile. The groups said they will share regulatory information and international practices and promote approaches addressing consumer protection, market sustainability and sports integrity.

The agreement gives Chilean betting platforms and integrity specialists a channel to contribute to ongoing regulatory discussions.

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Regulation

IBIA payment forum issues guidance on illegal betting transactions in Brazil

The International Betting Integrity Association’s Payment Provider Forum published guidance for payment providers in Brazil on identifying and blocking financial flows linked to unlicensed sports betting operators. The guidance covers ongoing licence checks, risk-based transaction monitoring and due diligence, under rules that prohibit payment providers from processing transactions for unauthorised betting operators.

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