In the current scenario, regulating the betting market emerges as a key piece for building a fairer and more responsible environment for the consumer, in addition to providing a more balanced competitive arena for companies operating in the sector.
These were the conclusions of the discussions held this week during a public hearing at the Federal Supreme Court (STF), which was attended by several experts, government authorities, representatives of entities and civil society organizations to discuss the impacts and legality of the sector in the country.
With the ruling by rapporteur Min. Luiz Fux, issued this Wednesday (13), the opposing arguments filed by the Attorney General of the Republic, Paulo Gonet, on November 11, were partially accepted and the regulated and legal market will continue until 2025.
The result was received with optimism by the International Association of Licensed Online Gaming Operators and Intermediaries (AIGAMING) which, in its analysis, considers that the outcome of the hearing represents progress for the betting market in the country, especially by determining the application of fair rules and specific adjustments in advertising aimed at the sector.
According to Márcio Malta, AIGAMING's representative at the hearing, the institutions' commitment to protecting players and combating addiction are important pillars for the future of the sector.
“Brazil has between 28 and 30 million gamblers, and most cases of gambling addiction are associated with physical games, not online ones. Our priority is to promote a responsible environment, with user identification, spending limits and blocking of at-risk players,” stated Malta, reinforcing the importance of initiatives that help minimize the risk of addiction and financial problems.
The statement carries significant weight, since it reinforces the importance of ensuring that the sector remains sustainable and safe for all involved.
Among the precautionary guidelines established by the STF are the immediate implementation of monitoring and inspection of betting advertising, aiming to avoid the exposure of minors and protect the dignity of children and adolescents, provided for in Ordinance SPA/MF No. 1.231/2024.
In addition, according to the order, the Ministry of Finance will be responsible for ensuring that resources from social benefits, such as 'Bolsa Família' and the Continuous Cash Benefit (BPC), are not used in betting, blocking the participation of these beneficiaries in the sector.
In a statement, AIGAMING emphasizes that such actions not only reinforce social responsibility in the betting market, but also demonstrate the STF's commitment to an inclusive and balanced approach to the sector.
“AIGAMING congratulates Minister Luiz Fux and the Supreme Federal Court for the initiative to promote a plural and respectful public hearing. We also thank all industry associations, entities, authorities both against and in favor of the sector for the participation of a fair and democratic debate.”
With the new measures, the expectation is that the betting sector will consolidate itself in a positive way in Brazil, promoting responsible entertainment and fostering an industry that continues to grow.
The International Association of Licensed Online Gaming Operators and Intermediaries (AIGAMING) is an entity dedicated to promoting the collective interests of its members and highlighting the crucial role of lotteries and games in raising funds for social causes.
Source: GMB
