Setebit celebrates the advancement of gambling regulation in Brazil. With the upcoming legislation, the criteria and revenue for exploring the activity will be defined, a market that in the country is already robust and has been operating uninterruptedly for more than eight decades.
One of the criteria that caught the attention of market players is the need for bookmakers to operate with a system that guarantees auditing and is fraud-proof and Setebit is already prepared for this new moment.
"With market regulation getting closer, we are excited and confident, as our system is ideal for stalls that already operate on the street and need to migrate and expand their reach online," explains Kayran Freire, communications analyst at Setebit.
With eight years of experience in the market, Setebit develops original and exclusive solutions for the gaming segment in Brazil. With an emphasis on those already established by the public, such as lotteries and jogo do bicho, the company is preparing to receive a significant increase in its customer base with the regulation.
"The impact will be immense. We are expanding our team and optimizing our systems daily to welcome new investors, who are now more confident and enthusiastic. Expectations are very high, and we will work so that everyone has the opportunity to regularize their operations and expand reach and public through our 'bicho online’," adds Freire.
The regulation promises to generate billions of dollars in government coffers through grants and taxation, in addition to guaranteeing the creation of hundreds of jobs and medium and long-term protection against fraud and scams, increasingly common in the Brazilian market without regulation.
"With legalization, we expect a significant increase in players' confidence. They will look for safe and reliable platforms, and Setebit is prepared to offer this," he guarantees.
“One of the main beneficiaries of this regulation will be the end consumer, today increasingly demanding and concerned about quality and safety. The market is aimed at entertainment, so there is nothing fairer than ensuring that regulation brings these issues to players,” says Freire.
Setebit, with its advanced technology and focus on user experience, is ready to lead this transformation in the betting market in Brazil.
“Bet on the future with Setebit – the most sensible choice for those who want to invest in this modality at the most extraordinary moment in Brazilian iGaming,” says the company.
Source: GMB
