⚡️According to the "International Betting Integrity Association" (IBIA), the "Brazilian 🇧🇷 model" of regulating sports betting is "exemplary."

⚡️According to the "International Betting Integrity Association" (IBIA), the "Brazilian 🇧🇷 model" of regulating sports betting is "exemplary."

It is seen as a benchmark for preventing match-fixing, and now the IBIA is calling on other Latin American countries to adopt similar levels of “transparency.”

➡️ The association urges licensed sports betting operators across the continent to join its efforts immediately to "...strengthen the monitoring and alert network and enhance information exchange with partner organizations in Brazil and other regions."

➡️ What is this model⁉️ In April, the Brazilian Ministry of Finance announced the creation of a coordination network to implement an anti-corruption program, which includes licensed bookmakers.

➡️ Law No. 12846/2013 establishes that companies are unequivocally responsible for any corrupt actions carried out on their behalf or in their interest.

➡️ According to the IBIA, the volume of sports betting in Brazil is projected to reach 34 billion USD by 2028. That's a significant market.

#news #world_wide #Brazil #betting

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