Weebet continues to follow its path as a pioneering platform in offering solutions for local operators and, this time, in partnership with Legitimuz, it has brought new technologies to ensure that all operations using the platform are within legal limits and guaranteeing a safe experience and reliable for bettors.
The partner company, Legitimuz, stands out for its commitment to Brazilian regulatory compliance and specializes in identity verification and fraud prevention solutions.
Regulatory compliance is a critical factor for the sustainability and growth of iGaming operations. In Brazil, legislation requires online betting houses to comply with a series of requirements to operate legally, with final compliance data scheduled for December 31, 2024.
These requirements include:
1. Identity verification: platforms must ensure that users are who they say they are, preventing fraud and money laundering.
2. Protection against fraud and abuse: measures to prevent player fraud and bonus abuse are essential to maintain the integrity of the platform.
3. Transaction security: ensuring that all financial transactions are secure and protected against fraudulent activity.
Legitimuz is an essential partner of Weebet to offer operators fast, technologically advanced solutions for regulatory criteria. The purpose of this partnership is to make all processes efficient to promote the best experience for the bettor with the security that the operator needs.
Verifying the identity of new users, for example, can happen in 30 seconds, ensuring an improvement in the user experience and reducing the risk of fraud.
Lenildo Nogueira, CEO of Weebet, highlighted: “What we are looking for is not just regulatory adequacy, but an advanced fraud prevention system that can identify and block fraud attempts by players or affiliates, in addition to preventive bonus abuse. Here at Weebet, we maintain that this is crucial to maintaining the integrity of the platform and ensuring a fair and safe experience for both operators and bettors.”
With fast and secure verification provided by Legitimuz, Weebet can increase the security of its operations in a short space of time. Fraud prevention not only protects the integrity of the platform, but also contributes to increased customer revenue and sustainable operator growth.
By preventing fraud and ensuring a safe gaming environment, Weebet has improved customers' lifetime value (LTV), promoting more robust and sustainable growth.
“Legitimuz maintains a database of fraudsters, including CPFs registered for disapproval due to a history of fraud. This allows for efficient screening and prevents players with a fraudulent history from being able to access the platform again, further increasing the security and reliability of the service,” said Legitimuz CEO Kayky Janiszewski.
Informative and safe platform
Weebet's commitment to regulatory compliance and partnership with Legitimuz highlights the importance of operating within legal boundaries in all jurisdictions.
By ensuring compliance with local regulations and implementing robust security and fraud prevention measures, Weebet ensures a safe, fair and reliable gaming experience.
“If you are in the Brazilian iGaming market and want to set up or migrate to your operation, Weebet has experts available to talk to. Talk to us!” invites Weebet.
Source: GMB
