We’re already seeing a growing number of Brazil-focused operators joining IBIA, and we eagerly anticipate further collaboration with operators dedicated to offering secure sports betting experiences in Brazil.” IBIA has actively advocated for such betting integrity measures since the inception of sports betting regulation discussions in Brazil in 2018. Khalid Ali, CEO of IBIA, remarked, “This is a landmark development for Brazil’s sports betting landscape and a crucial advancement in combating match-fixing.

Moreover, the legislation empowers operators to withhold payouts on bets linked to sporting events under investigation for potential corruption, a key step in deterring sports betting-related fraud. This critical measure aims to fortify the betting industry against fraud and manipulation, safeguarding operators, their customers, and the sports themselves.

This groundbreaking legislation establishes a comprehensive regulatory and licensing framework for sports betting and online casino operators in Brazil, significantly enhancing the integrity and security of sports betting.Ĭentral to the law is a mandate requiring sports betting operators to join an international monitoring body.

The International Betting Integrity Association (IBIA) celebrates the Brazilian Chamber of Deputies’ recent approval of a pivotal sports betting law.