On Tuesday (29), the national secretary of Sports Betting and Economic Development of Sports, Giovanni Rocco Neto, participated in the signing of a Technical Cooperation Agreement with companies specialized in betting monitoring and integrity – among them SIGA -, alongside the secretary of Prizes and Bets of the Ministry of Finance, Régis Dudena.
The agreement reaffirms the Federal Government's commitment to combating disorder in the betting market.
During the meeting, Minister André Fufuca reiterated the need to monitor sports betting to prevent fraud. “We must be transparent. If there is one thing that cannot happen, it is any type of illegality in sports betting. In this regard, we will be completely vigilant to ensure that this does not happen. And, if it does, that those responsible are punished,” the minister added.
For Emanuel Medeiros, the integrity of sports betting is one of the fundamental pillars for the healthy and sustainable development of the sports sector, for the Brazilian and global economy.
“We are 100% committed to collaborating with the Brazilian government in this common goal. Our extensive knowledge and expertise, as well as our universal standards and classification system, are available to sports organizations, betting operators and regulators, as well as the government and other economic agents, such as sponsors, so that sports in Brazil are governed, operated and practiced in accordance with the highest standards of integrity,” he added.
The regulation of sports betting became necessary after the approval of the 2018 law, which established a four-year deadline for its implementation — a deadline that was not met.
Secretary Giovanni Rocco Neto highlighted that “the chaotic scenario, aggravated by the pandemic and changes in the population's habits, requires firm action by the State to guarantee a safe environment for bettors.”
The National Secretariat for Sports Betting and Economic Development of Sports studied a technical cooperation agreement along the lines of the contract with the Ministry of Finance.
Source: GMB
