Promoting a sustainable and regulated market

In a statement, the IBJR reaffirmed its dedication to promoting a sustainable, safe, and trustworthy online betting ecosystem. “Our goal is to promote all efforts to develop a sustainable, safe, reliable online betting ecosystem that generates benefits for society,” the organisation stated.

The IBJR emphasised the importance of regulating Brazil’s online betting market, noting that a properly regulated environment will abolish illegal practices and develop a fair playing field. The Brazilian authorities are already proactive and vigilant in detecting and addressing illegal activities within the sector.

Launch of Brazil’s regulated betting market

As Brazil prepares to launch its regulated sports betting and iGaming markets on January 1, the country is preparing to establish a legal framework for online gambling. The IBJR, representing 75% of the country’s gaming market, is playing a pivotal role in assuring the sector operates under strong principles of consumer protection and responsible gaming.