DOM 24 DE NOVIEMBRE DE 2024 - 22:29hs.
Cooperation partnership with four companies

Government closes agreements with Sportradar, Genius Sports, IBIA and Siga for betting monitoring

Brazil’s Ministry of Finance, through the Secretariat of Prizes and Bets (SPA), will sign this Tuesday (29) Technical Cooperation Agreements (ACTs) with four betting monitoring and integrity organizations: Sportradar, Genius Sports, International Betting Integrity Association (IBIA) and Sport Integrity Global Alliance (Siga and Siga Latin America).

The signing ceremony is restricted to invited guests and will be held at 11 am in the auditorium of the Ministry of Finance headquarters, located in Block P of the Esplanada dos Ministérios. The event can be watched via broadcast on the Ministry of Finance's YouTube channel.

The entities that will sign the agreement are:

- Genius Sports;

- International Betting Integrity Association (IBIA);

- Sport Integrity Global Alliance (Siga e Siga Latin America);

- Sportradar.

Objectives of the technical cooperation agreement

The Technical Cooperation Agreements aim to strengthen the monitoring and integrity of betting activities in Brazil, establishing a safer and more transparent environment for bettors and operators. With these partnerships, it is expected to reduce the risks of match-fixing and improve regulation of the sector in the country.

Next steps for the regulation of betting in Brazil

Following the signing of the ACTs, the expectation is that new measures will be adopted to improve the governance and transparency of sports betting in Brazil, involving even more partnerships with companies in the sector.

Source: GMB