SPA and Ipea agree to develop indicators for Brazil’s fixed-odds betting market
Brazil’s SPA and Ipea signed a technical cooperation agreement on 14 April in Brasilia to assess the socioeconomic effects of fixed-odds betting. The planned indicators will use data from Sigap, CadÚnico and RAIS to examine legal and illegal betting activity, spending, sponsorships and mental health effects.
The indicators could inform public policy and regulatory decisions on Brazil’s betting market.