{"id":253,"date":"2024-06-27T00:45:29","date_gmt":"2024-06-26T21:45:29","guid":{"rendered":"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/27\/a-new-responsible-gambling-collective-established-in-brazil\/"},"modified":"2024-06-27T00:45:29","modified_gmt":"2024-06-26T21:45:29","slug":"a-new-responsible-gambling-collective-established-in-brazil","status":"publish","type":"post","link":"https:\/\/jumbabetnodepositbonus.icu\/2024\/06\/27\/a-new-responsible-gambling-collective-established-in-brazil\/","title":{"rendered":"A New Responsible Gambling Collective Established in Brazil"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/5Z17-04HhfU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## A New Responsible Gambling Collective Established in Brazil &#8211; iGB<\/p>\n<p>Multiple sports wagering companies have united to establish a new responsible gambling organization in Brazil as part of the country&#8217;s gambling regulatory movement.<\/p>\n<p>**Operators Establish New Responsible Gambling Group in Brazil**<\/p>\n<p>Bet365, Flutter Entertainment, Entain, Betsson Group, Betway Group, Yolo Group, Netbet Group, KTO Group and Rei do Pitaco are all founding members of the Brazilian Institute for Responsible Gambling (IBJR).<\/p>\n<p>The organization will operate in various areas to comprehend the industry and how it can be incorporated into the Brazilian economy.<\/p>\n<p>While Brazil&#8217;s legislative body voted to legalize sports wagering in 2018, the process of regulating sports betting in Brazil continues. However, a recent series of match-fixing scandals have generated new optimism that legalization is imminent.<\/p>\n<p>&#8220;We aim to assist in building a secure and regulated environment to serve consumers, while also providing financial support for the public sector and creating a sustainable operating environment for businesses,&#8221; stated Andr\u00e9 Gelfi, Managing Director of Betsson Group Brazil, who was chosen as President of the IBJR.<\/p>\n<p>&#8220;The concept of responsibility is evident in the institute&#8217;s name precisely because it is the primary motivator for all stakeholders involved in a successful regulated market.&#8221; <\/p>\n<p>Within these locations, wagering on sporting events is viewed as a form of amusement that contributes to the preservation of the integrity of athletic competitions.<\/p>\n<p>It is evident that delicate facets of the industry, such as excessive gambling and financial illicit activities, necessitate a robust, rational, and accountable approach.<\/p>\n<p>The significance of regulation is of the utmost importance, as Rafael Marcondes, Legal Director of Rei do Pitaco, who also holds the same position within the newly formed group, highlighted.<\/p>\n<p>He stated, &#8220;The United States and Brazil legalized sports betting in 2018.&#8221; &#8220;While the North American nation has achieved swift progress in state-level regulation, yielding favorable outcomes, notably in terms of taxation, Brazil has fallen behind, resulting in a surge of companies that are not committed to responsible gambling, which has tarnished the market&#8217;s reputation and failed to provide consumers with minimal protections.&#8221;<\/p>\n<p>Gelfi added, &#8220;No other nation possesses such a propitious environment to construct successful regulation that can serve as a model for the globe. Governments can glean insights from the experiences of nations with successful regulatory frameworks and adapt them to local circumstances.&#8221;<\/p>\n<p>IBJR is the most recent industry organization to be established in Brazil, following the introduction of the new non-profit sports integrity body, the Brazilian Association for the Protection of Sports Integrity (Abradie), earlier this month. <\/p>\n<p>The organization was established by Genius Sports, Entain, Rei do Pitaco (a daily fantasy sports operator), and legal firms Bichara e Motta and Maia Yoshiyasu Advogados.<\/p>\n<p>Subscribe to the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## A New Responsible Gambling Collective Established in Brazil &#8211; iGB Multiple sports wagering companies have united to establish a new responsible gambling organization in Brazil as part of the country&#8217;s gambling regulatory movement. **Operators Establish New Responsible Gambling Group in Brazil** Bet365, Flutter Entertainment, Entain, Betsson Group, Betway Group, Yolo Group, Netbet Group, KTO [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - 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