Legislation

Brazilian Sports Minister called bets to be beneficial for the sector

Thursday 12 de September 2024 / 12:00

⏱ 2 min read

(Brasilia).- Sports Minister André Fufuca (PP), highlighted the need to distinguish between good and bad actors in the sports betting market, calling for clear separation of legitimate operators.

Brazilian Sports Minister called bets to be beneficial for the sector

In the midst of accusations, operations and arrests involving sports betting schemes, Sports Minister André Fufuca (PP) said on Wednesday (11): "‘We can't confuse the bad with the good. We have to separate the wheat from the chaff. These accusations that we are seeing will be investigated and I guarantee that, on the part of the Ministry of Sport, all rigour will be used so that we have maximum fairness in relation to sports betting,’ during an interview in a local program. 

Fufuca also commented on the recently created National Secretariat for Sports Betting and the Economic Development of Sport, which is linked to the portfolio and will be under the command of lawyer Giovanni Rocco Neto. The appointment was published on the 2nd of last month in the Federal Official Gazette.

‘One of the demands I made of the new secretary was that he play as strictly as possible and investigate what he has to investigate, do what he has to do. We have to be fair. Not least because we're talking about hundreds of thousands of fathers and mothers of families who often place their bets, place their faith,’ he said.

‘If there's one thing there can't be, it's any kind of illegality. In this respect, we are totally vigilant to ensure that there isn't. And if there is, that the guilty parties are punished,’ added Fufuca.

Bets pandemic

Data from an opinion poll by the Locomotiva Institute shows that between January and July this year, 25 million Brazilians started placing sports bets on electronic platforms - an average of 3.5 million a month. The timeframe is shorter than the time needed, for example, for Covid-19 to infect the same number of Brazilians, which happened in 11 months, from February 2020 to January 2021.

The survey shows that, in five years, the number of Brazilians betting has reached 52 million. Of this total, 48 per cent are considered new players (they started betting during the first seven months of 2024). The habit of trying their luck on electronic platforms in the country currently reaches a group the same size as the total population of Colombia and larger than that of countries like South Korea, Spain and Argentina.

Agência Brasil

Categoría:Legislation

Tags: Sin tags

País: Brazil

Región: South America

Event

BiS SiGMA South America 2026

06 de April 2026

Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities

(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.

Thursday 07 May 2026 / 12:00

Air Dice Strengthens LATAM Presence with BiS SiGMA São Paulo Trade Show

(São Paulo, SoloAzar Exclusive).- Erkki Nikunen, Partner & CBDO at Air Dice, discussed the company’s participation at BiS SiGMA São Paulo. In this exclusive conversation with SoloAzar, he shares insights on their experience as exhibitors, business opportunities generated, and the company’s vision for Brazil and the wider Latin American market.

Wednesday 06 May 2026 / 12:00

R. Franco Digital Sees Brazil as Key Pillar for LATAM Expansion at BiS SiGMA South America

(São Paulo, SoloAzar Exclusive).- At BiS SiGMA South America, R. Franco Digital highlighted Brazil’s vast growth potential and the importance of localized, innovative slot content for Latin American audiences. In this Q&A, Thiago Calmon, International Key Account Manager, reported high-quality meetings, new operator discussions, and reinforced partnerships—underscoring its long-term commitment to the region.

Wednesday 06 May 2026 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.