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Partnerships Aimed At Strengthening Sports Betting Security In Brazil
These agreements aim to maintain integrity within sports betting and sports in Brazil.
Key points:
- Sportradar will report any suspicious incidents and provide advice
- IBIA and Brazilian Ministry of Finance will share information and collaborate on investigations
The Brazilian Ministry оf Finance has signed two separate agreements іn an effort tо boost integrity within sports betting, ahead оf the scheduled regulated online market launch early next year.
Firstly, through the Secretariat of Prizes and Betting (SPA), the Brazilian Ministry of Finance has signed a Technical Cooperation Agreement (ACT) with Sportradar with the aim of safeguarding the integrity of the sports betting and online gaming markets in the country.
Sportradar will support the technical staff of the SPA and offer help reporting any suspicious incidents it identifies. Also, the supplier will support the ongoing education and training of SPA staff with everything related to match-fixing.
Sportradar Manager for Integrity Partnerships in Brazil Felippe Marchetti said: “The signing of the ACT is a proud occasion for Sportradar and we appreciate the trust shown by the Brazilian Ministry of Finance in the expertise of Sportradar’s Integrity Services division.
“This ACT reflects a mutual commitment to establish a sustainable, regulated sports betting industry in Brazil that is built upon a foundation of integrity.”
Likewise, the International Betting Integrity Association (IBIA) has signed a sports betting integrity cooperation agreement with the Brazilian Ministry of Finance.
With this agreement, the IBIA and the Ministry of Finance will share information related to suspicious betting activity linked with Brazilian sport and will use this to work together on any investigations.
Good to know: The Brazilian regulated online gaming market is set to go live on 1 January 2025
The association stated that requiring operators applying for a license to join an independent sports integrity monitoring body will strengthen its ability to «monitor, evaluate, and safeguard betting transactions» within Brazil’s sports betting market, thereby upholding sports integrity in the region.
IBIA CEO Khalid Ali commented: “IBIA is delighted to have reached this agreement with the Brazilian Ministry of Finance and welcomes the government’s increased focus on creating a robust sports betting integrity ecosystem to tackle match-fixing. Collaboration and information sharing are key to the success of this ecosystem.
“Under this agreement IBIA will identify and report suspicious betting on Brazilian sporting events to the Ministry of Finance to support investigatory actions. That will include detailed customer account data that is only available to IBIA and its members.”
In other news from the region, Kambi Group last week signed a long-term agreement with Rei do Pitaco (RDP), a Brazilian daily fantasy sports operator, to provide its Odds Feed+ product.