Op-Ed: Demonising Betting Does Not Protect Brazil – It Strengthens the Illegal Market – Sport Integrity Global Alliance
19 Articles
19 Articles
RIO - The ban on the operation of betting companies in Brazil should push compulsive gamblers to the illegal market, in the evaluation of experts and entities representing the sector. In addition to users migrate to a space without protection and without government supervision, analysts believe that the measure can bring damage to public safes due to loss of tax collection and the need to indemnify licensed companies.
Betting sector entities advocate strengthening regulation and say banning bets pushes bets to illegal sites.
Entities of the liberal movement have criticized the interim measure signed by President Luiz Inácio Lula da Silva that prohibits bets in Brazil. Published on Friday, 25, the decision covers sports betting, online gambling and virtual casinos. In manifesto, the entities argue that the government changed the rules shortly after authorizing the operation of the companies. A provisional measure that closes a regulated market for less than two years…
TV Globo has promised to take all the bets' ads out of the air again this Saturday (26/9); ban on bets is already worth
The Provisional Measure that banned the operation of bets in Brazil has already begun to cause the first impacts on the television and sports market. Betting houses have begun the termination of commercial contracts with large broadcasters, among them Globo, ESPN and Band. According to information published by the column Other Canal, from Folha de S.Paulo, companies [...]
Institute highlights that companies made investments, hired professionals, developed systems, concluded contracts and paid awards
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