To stay one step ahead of Brazil's new regulations, OpenBet provides the operator on this site with the know-how about each protocol and technical standards to ensure they follow all regulations and remain compliant with the Brazilian betting market.
Bet: Empower with cutting-edge technology, innovation and total reliability.
Trade: The trading content and tools necessary to provide complete trading operations.
Transform: The trusted team to deliver personalized technology and services.
Protect: Technology and services that are a reference to help keep your company compliant.
Elevate: Unlock Endeavor to access sports, media, entertainment and more.
IMG ARENA: Leverage the data capture and streaming experience of betting operations
Coverage of every step of compliance
OpenBet guarantees regulatory compliance and the security of its system and bettors. Its solutions cover responsible gaming, anti-money laundering and geolocation services.
Choosing a reliable partner
* Neccton's Mentor Live is recognized as the best solution in the industry, which monitors and analyzes player behavior in real time. The technology facilitates automated interactions with players as a preventative measure and allows operators to significantly increase the accuracy of monitoring their players, reducing the cost of AML and responsible gaming activities.
* AML technology allows operators to maintain strict checks on their compliance, with the ability to track and monitor relevant data and player accounts. We cover due diligence, PEP and sanctions checks, advanced player analytics, as well as real-time multi-account detection.
* OpenBet Locator™ is a unique geolocation software that helps operators expand their compliance capabilities with ease by offering a highly accurate and flexible alternative compliance solution. Built on Amazon Web Services (AWS), OpenBet Locator™ uses Amazon's tried and tested technology with a gaming-focused business logic foundation.
What does the new regulation in Brazil mean for betting operators?
With the new ordinance established for new participants in the Brazilian market, the stakes are increasing. Around the world, gaming regulation ensures that bettors have a fair and safe experience, that the sports we bet on are played fairly, and that taxes are collected from local and national governments.
With the launch of regulated online gaming in Brazil, there will be increased tax revenue for the country, protocols established to ensure that bettors and their information and funds are kept safe and that the sports we love remain free from corruption.
The Prizes and Betting Secretariat of the Brazilian Ministry of Finance is in the process of finalizing the new ordinances that operators must comply with.
These include areas such as: data privacy and security, how certain games may work, the types of bets allowed on sporting events, how customer identities will be verified, how player funds will be protected, and much more.
OpenBet
OpenBet is a world leader in sports betting entertainment. With over 25 years of experience and a track record of innovation, OpenBet's modular range of technology, content and services is trusted by the world's biggest sports betting brands, lotteries, casinos and tribal operators. It is a leading business-to-business sports betting partner and solutions provider globally.
The brand has a commanding position in key markets, processing the majority of digital sports bets in the US, Canada, Australia and the UK. It has a prestigious reputation as a reliable betting provider, offering scale and speed during all major events.
Source: GMB
