The regulation of online betting in Brazil, according to Justo, should be discussed among the Three Powers and in different ministries, primarily through the Ministry of Justice.
According to Justo, there are ongoing discussions for betting companies to be part of a program, a network of coordination between the federal government, the Legislative, and the Judiciary to act in combating corruption.
The General Coordinator of Money Laundering Monitoring participated in the panel "Corruption in Sports: the regularization of sports betting companies."
Moderated by Chantal Castro, Anticorruption Manager of the UN Global Compact - Brazil Network, the event brought together experts such as Fernando Monfardini, Compliance Manager of Clube Atlético Mineiro; Vinicius Sousa dos Santos, Director of Institutional Relations and Strategic Partnerships of the Sports Integrity Global Alliance (SIGA); Rafael Marchetti, Legal Director of Rei do Pitaco; and Roberto Armelin, Executive Director of ESG, Risks, and Compliance of São Paulo Football Club.
According to Justo, regulation presents itself as a response to the numerous cases of corruption and manipulation in sports. Match-fixing, once seen as a marginal issue, gained prominence with the identification of national criminal groups involved in these practices. There is, in the words of the General Coordinator, the need for rigorous oversight to safeguard the integrity of the sector and, above all, of the individuals involved.
"It is crucial to discuss combating corruption in sports while preserving its commercial nature. Sports, especially football, is an industry that generates significant amounts of money, whether through player transactions or sponsorships. This sector generates substantial revenue, but it is also essential to consider the people involved in sports," said Justo.
Currently, explains the General Coordinator, Brazil offers ample opportunity to address these issues. "Often, those involved in mass sports, such as football, are people who have had fewer educational opportunities. This makes them vulnerable to corruption, facilitating manipulation by others. Therefore, it is necessary to develop protection mechanisms for these individuals because we are dealing not only with a business but also with the dreams and aspirations of many people," he concludes.
Source: GMB / Metrópoles
