With the new regulation and the deadline for regularization until January 2025, the Ministry of Finance has already received 113 requests for licenses from betting houses to operate in Brazil. As a result of this movement and the guidelines for the coming months, the entire service chain in the Brazilian market will be impacted, including marketing, payment methods, media groups, technology, sports and entertainment - an ecosystem in operation.
The event will discuss how to navigate this scenario, taxation for offshore services, and the potential for significant tax reductions through operations local and the importance of establishing a local presence in the growing Brazilian betting market.
These points will be addressed by Rafael Marchetti Marcondes, Legal Director of IBJR and moderator of the webinar. The panel will consist of: Vinicius Cesar de Carvalho Tsuda, enterprise account executive at Caf; João Rafael Gândara, partner in the tax area of the Pinheiro Neto Advogados law firm; and Sérgio Floris, Managing Director of Sportradar in Brazil.
For the legal director of IBJR, the webinar analyzes a topic that is little discussed in the country. “Until now, the betting industry was focused on a regulated market, now they are in the process of regularization, but what about the suppliers? The service providers who will make everything happen in Brazilian territory?”
“The webinar proposes a close look at how companies operate, how they depend on the contracting of software and service usage licenses inside and outside Brazil, and that with license applications being processed, the tax cost of importing services can become a barrier.”
The invitation to watch the live broadcast on LinkedIn can be accessed at this link.
The Brazilian Institute of Responsible Gaming (IBJR) was created from the union of the groups bet365, Flutter, Entain, Betsson Group, Betway Group, Yolo Group, Netbet Group, KTO Group, Rei do Pitaco, Novibet, LeoVegas, Kaizen Gaming and SkillOnNet.
The goal of the IBJR is to foster debate on the regulation of this segment in Brazil, contributing with information to defend the creation of clear rules and guidelines so that sports betting companies can operate legally, protecting the interests of players and civil society.
Currently, in addition to igaming and sports betting companies, the IBJR has among its associates payment method companies such as Grupo OKTO, Pay4Fun and OneKey Payments, media groups such as Better Collective, the agency Clever Advertising, the sports marketing company Volta Pra Marcar and the anti-fraud solutions company GeoComply.
Source: GMB
