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IBJR backs Federal Police group targeting betting fraud in Brazil

Regulation

The Instituto Brasileiro de Jogo Responsável (IBJR) said it supports the Federal Police’s creation of Base Apostas, a group focused on investigating sports-result manipulation, betting fraud and related crimes. IBJR cited estimates that illegal platforms generate about R$40bn annually and cost public coffers R$10.8bn a year.

Federal Police investigations into betting fraud may create opportunities for cooperation between authorities and responsible betting operators.

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Regulation

IBJR estimates Brazil's clandestine betting GGR reached R$56bn

The IBJR said its monitoring and economic simulation identified 60,477 suspected betting sites in Brazil, with data updated to 27 October. It estimated annualised clandestine-market GGR at R$56bn, up from R$27.9bn, but said the 101% increase was a simulation rather than a direct market measurement. The report also said 85 federal authorisations covering 82 companies expired on 25 October after a 30-day period.

The Brazilian Responsible Gambling Institute (IBJR) said its LegitBet monitoring system identified 60,477 suspected betting sites operating in Brazil after the federal government's provisional measure banned fixed-odds betting. The institute estimated that the clandestine market may have grown 101% since 25 September, with data updated to 27 October, according to the IBJR.

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