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Legislation

Key deadline for bookmakers' compliance in Brazil

Friday 24 de May 2024 / 12:00

2 minutos de lectura

(Brasilia).- The National Association of Gaming and Lotteries (ANJL) considers that the Ordinance 827 of the Secretariat of Prizes and Bets (SPA) of the Ministry of Finance meets the expectations of the market, allowing time for adaptation. The deadline for bookmakers to adapt to the legislation is 31 December.

Key deadline for bookmakers' compliance in Brazil

The ordinance states that all bookmakers operating in Brazil after 1 January 2025 without authorisation from the SPA, and therefore in an irregular market, will be subject to sanctions. The association stresses that from then on all bettors will be able to distinguish between serious companies, which operate transparently and legally, and irregular ones.

“This was the most eagerly awaited ordinance for gamblers because it regulates a number of important rules concerning not only the authorisation, but also the operation of each betting shop. These include, for example, the documentation required, the minimum financial requirements to be met and the number of licences for a certain number of brands linked to the same economic group,” says ANJL president Plínio Lemos Jorge.

“From the player's point of view, as the regulation process will be in place for all operators by the end of this year, from next year they will know that they are playing on a safe and reliable platform, with the guarantee that they will receive their winnings if they get their bets right,” adds the president.

The ANJL points out that there are also other ordinances planned in the process of regulating the sector in Brazil, which are expected to be published by the end of July, according to the regulatory agenda published by the Secretariat of Prizes and Gambling (SPA).

Categoría:Legislation

Tags: Sin tags

País: Brazil

Región: South America

Event

PGS, Perú Gaming Show 2024

12 de June 2024

Gambling regulation in Peru: evolution towards stability and legal certainty

(Lima, Exclusive SoloAzar) - From the repeal of the 20% tax by the Constitutional Court to the implementation of the Reorganisation and Formalisation Law, the regulation of gambling in Peru has undergone multiple changes. In this article, SoloAzar summarises the presentation by Dr. Constante Traverso, lawyer and head of APEJA, during the PGS, who underlines the need for a stable and fair public policy.

Wednesday 19 Jun 2024 / 12:00

Win Systems concludes a successful participation in Peru Gaming Show 2024

(Barcelona).- Win Systems, a leading technology provider for the gaming and entertainment industry, celebrates a successful participation in the recent edition of the Peru Gaming Show (PGS), which took place on June 12th and 13th at the Jockey Convention Center in Lima, Peru. The event was a perfect platform to showcase the company’s innovative solutions and cutting-edge products, specifically designed for the Peruvian market.

Wednesday 19 Jun 2024 / 12:00

The impact of AI on marketing campaigns, a featured topic at PGS 2024 conferences

(Lima, SoloAzar Exclusive).- Rony Vexelman, Marketing Manager of Optimove, presented the conference “Maximizing AI, the evolution of roles in iGaming”, within PGS event, held last week in Peru. From SoloAzar we share the highlights of the talk that shows how AI impacts online gaming and sports betting marketing campaigns.

Tuesday 18 Jun 2024 / 12:00

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