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The process for legalizing sports betting in Brazil is almost over. The final regulatory framework is expected in the summer.
According to Waldir Eustáquio Marques Jr., undersecretary of SECAP, the Economic Ministry’s Secretariat of Evaluation, Planning, Energy and Lottery, the sports wagering industry requires technical specification from a much higher level, in order to function properly.
The legislators had to figure out a lot of things in regards to the integrity of sports, prevention of money laundering and match-fixing, as well as protecting vulnerable consumers.
Source: https://www.casinonewsdaily.com/2021/01/21/brazil-on-the-verge-of-legalization-of-sports-betting/
According to Waldir Eustáquio Marques Jr., undersecretary of SECAP, the Economic Ministry’s Secretariat of Evaluation, Planning, Energy and Lottery, the sports wagering industry requires technical specification from a much higher level, in order to function properly.
The legislators had to figure out a lot of things in regards to the integrity of sports, prevention of money laundering and match-fixing, as well as protecting vulnerable consumers.
Source: https://www.casinonewsdaily.com/2021/01/21/brazil-on-the-verge-of-legalization-of-sports-betting/