DOM 19 DE MAYO DE 2024 - 17:16hs.
Brasilia

Sportradar presents itself to SEAE to provide oversight to Brazilian sports betting project

After knowing the intention of the Economic Monitoring Department to present a project to legalize fixed-odd bets, Sportradar, a global leader in identifying and analyzing the power of sports data, met with Secretary Mansueto Almeida and his team. The company, which already works with CBF, has detailed its monitoring and inspection services to avoid fraud and has made itself available to those in charge of the project.

The company was represented by Tiago Horte Barbosa, Director of Sportradar AG for Latin America and Consultant in Sports Integrity, and from SEAE was present the secretary Mansueto de Almeida, accompanied by Alexandre Manoel Ângelo da Silva (general coordinator of Analysis of Commercial Promotions and Lottery Regulation) and coaches Waldir Eustáquio Marques Júnior and Itamar de Carvalho Pereira.

The two-hour meeting gave the chance to Sportradar to explain how it can collaborate to maintain the integrity and cleanliness of the sports betting business that can generate to Brazil millions of reals in taxes. In Brazil, the company works together with the Brazilian Football Confederation (CBF) and supervises the games of the state tournaments of Sao Paulo, Pernambuco, Alagoas and Santa Catarina.

"SEAE allowed us to tell them how Sportradar prevents, detects and acts against match fixing with unique monitoring systems. They could see how our work is together with clubs, associations and governments of Brazil and the world. We want to get out of their minds the concern they have over the control of the betting system and to have the data of the bettors to avoid fraud, "says Barbosa.

In an interview with CBN's newspaper last November, the economic monitoring secretary, Mansueto de Almeida, reported that the Finance Ministry is advancing a study to legalize online sports betting. "It can become a very important game modality in Brazil, because today people use sites hosted in other countries to play and the government does not raise anything from that," says Mansueto.

Almeida and his team are studying to send a bill regulating only fixed odds bets (known as "sport betting"), in which players bet on future events such as sports or election results. The idea is to create rules for the future licensing of the operation of these bets. In countries like Italy, more than 40 companies operate in this market.

Anyway, Mansueto also warned: "Before any move, we have to strengthen the capacity of the State to supervise this activity in Brazil. Today, the state manages to control lotteries because it is a well-circumscribed game. Now, if Brazil wants to have Sporting bets and other games, it is important to develop regulatory and monitoring capacity. Because today the number of people who supervise all lotteries in Brazil is less than 20 professionals."

Today, Brazilians bet on these games on foreign websites: the KPMG and RGA survey quotes that, in 2015, the most recent available, US$313 million has been wagered. If fixed odds bets were regulated, the national market could reach US$1.22  billion in this modality alone.

Sportradar is the global leader in identifying and working on the power of sports data and digital content for its customers around the world. Sportradar Integrity Services provides the Fraud Detection System (FDS) operation for several federations of 13 different sports, including AFC, UEFA, CONMEBOL, World Rugby, NHL and NBA.

Headquartered in Switzerland, Sportradar has offices in 30 other locations and has more than 1,900 highly skilled employees worldwide. In all, it serves about 1,000 entities in more than 80 countries.

This unique system allows integrity professionals to monitor the behavioral pattern of sports betting markets around the world to identify suspicious activity. The results of this systemic monitoring have proved invaluable to federations and to judicial bodies seeking to detect any sort of manipulation of results.

Integrity Services also has a Fraud Prevention Services (FPS), through which Sportradar offers training programs that have been delivered to various federations, leagues and clubs around the world. These actions raise considerably the awareness of all those involved with the sport to the issues of illegal betting and manipulation of results.

Source: GMB