๐ง๐ท Betting in Check: What to Expect from the New Regulations Coming in 2025? ๐ค
๐ง๐ท Betting in Check: What to Expect from the New Regulations Coming in 2025? ๐ค
The regulatory framework that takes effect on January 1st, 2025 promises to transform financial operations in Brazil's sports betting and online gaming sector. Leonardo Brodsky, Head of Sales and Account Management at PayBrokers, explains the new requirements that will impact operators and bettors. Check out the most important changes!
๐ Three Main Types of Accounts:
1๏ธโฃ Transactional Account
๐ Intended for operations such as player deposits and prize payments.
๐ Each operator can maintain multiple transactional accounts, according to payment institutions.
๐ The total balance of these accounts must match the total balance of end users.
2๏ธโฃ Proprietary Account
๐ Designated for earnings or surplus from transactional accounts.
๐ It's a business account for managing main movements between accounts.
3๏ธโฃ Reserve Account
๐ Required by regulations, must maintain R$ 5 million invested in government securities.
๐ Functions as a guarantee for prize payments in cases of liquidity shortage, only activated with prior authorization from the secretary.
๐ฌ Leonardo Brodsky concludes:
"The changes primarily affect operators, while bettors will have a simplified and secure money movement flow. It's a necessary advancement for the sector's sustainable growth."
๐ Get ready for a new era of trust and innovation in the Brazilian betting market!!
#GamingMarket #FinancialTransactions #PayBrokers
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