LUN 25 DE NOVIEMBRE DE 2024 - 08:48hs.
Marcos Sabiá, CEO of galera.bet

“The problem is not the Fortune Tiger game, but fraud”

Marcos Sabiá, CEO of galera.bet, highlighted the importance of strict measures to combat fraud in online games (citing Fortune Tiger) and guarantee the integrity of betting operations. In an interview with UOL, Sabiá also highlighted the need for effective regulation to protect consumers and the market.

“The problem is not the Fortune Tiger game, but fraud”

(Photo: Andre Lessa)

(Photo: Andre Lessa)

Marcos Sabiá, CEO of galera.bet, spoke about fraud associated with the game known as "tigrinho game" in Brazil (Fortune Tiger) and emphasized that the main problem is not the title itself, but the fraud that surrounds it. The executive mentioned that the game is widely promoted by digital influencers who are often not transparent about the risks, leading consumers to believe in unrealistic promises of easy gains.

“We are talking about an economic activity that – by its concept – does not guarantee results for anyone. It is not based on skill, but on randomness,” he highlighted in the interview with UOL, this Thursday (27).

Another point raised by Sabiá is the importance of regulation in the sports betting market. Since the implementation of Law 13,756/18, which legalized online sports betting in Brazil, until the recent sanction of Law 14,790/23, the sector has experienced significant growth. However, the lack of this has allowed fraud to continue to occur, harming both consumers and the sector's reputation.

He suggests that robust regulation could help prevent fraud and protect consumers, strengthening the sector as a whole. According to Sabiá, galera.bet is committed to market integrity, providing a safe and fair betting environment. The interview highlights the urgent need for greater vigilance and regulation in the sector to ensure safety and fairness for all participants.

Sabiá highlighted galera.bet's efforts to operate legally and promote a safe environment for bettors. The company has sought to educate the public about the risks of betting and the importance of choosing reliable platforms. galera.bet is also committed to combating fraud and unfair practices in the market.

“Brazil needs to firmly combat manipulation. It is necessary to invest in technology, in the education of these athletes and in prevention. We need an alliance between the State, sports entities and betting houses to make the activity less permeable,” he stated.

Finally, he advocated for greater oversight and regulation in the sports betting industry to combat fraud and ensure a safe and fair gaming environment for all participants. For Sabiá, an effective regulatory system is essential to combat fraud and ensure a more transparent and safe sports betting environment in Brazil, benefiting both consumers and the industry.

Source: UOL