The online gambling market in Brazil grew 734.6% between 2021 and April of this year, according to a survey by the data analysis platform Datahub, exclusively provided to CNN. This significant growth reflects technological advances, social and economic impacts, and new regulations that promote a safer and more transparent environment for online gambling.
However, the increase in the popularity of gambling has also brought to light the need to address issues related to compulsive gambling and mental health.
With the approval of the Betting Law (Law 14.790/23), operating companies are required to adopt practices to prevent and treat compulsive gambling behaviors. This legislative move reinforces the importance of partnerships that promote responsible gambling practices and ensure a safe environment for all participants.
In response to this need and seeking to strengthen its commitment to social responsibility, NGX announced its collaboration with the Instituto de Apoio ao Apostador (IAA), a non-profit NGO dedicated to supporting and raising awareness about responsible gambling.
Commitment to the health and well-being of gamblers
The Instituto de Apoio ao Apostador (IAA) is an NGO dedicated to providing comprehensive support and free treatment for compulsive gamblers. Since its founding, the IAA has stood out for creating a welcoming and safe environment for those facing challenges related to gambling addiction.
With over 6,000 individual consultations and 800 family consultations, the organization has developed a robust support structure that includes online support rooms, where gamblers can seek help and share their experiences. In addition to direct assistance and group support rooms and weekend on-call services, the IAA invests in prevention and responsible entertainment with the aim of ensuring constant emotional and psychological support.
The institution also holds sessions dedicated to families, offering specific support for those affected by compulsive behavior and promoting the restructuring of family relationships.
The IAA began its journey with the purpose of offering support to individuals with compulsive gambling. According to Daya Pimentel, Executive Director, “the initiative started modestly but quickly gained support due to the growing demand for a safe and welcoming space for those struggling with compulsive gaming.”
Today, the IAA has a team of dedicated professionals, including psychologists, psychiatrists and nutritionists, committed to providing the best possible support for individuals and their families.
What is responsible gambling?
The concept of responsible gambling is essential to ensuring a healthy sports betting experience. It encompasses practices that help players maintain control over their activities, preventing compulsive behaviors.
The practice helps prevent problems and keep the pastime exciting, but safe. Conscientious bettors always set money and time limits, preventing fun from turning into worry.
In Brazil, with the growth of sports betting, it is crucial that players learn about responsible gambling from an early age. This includes understanding the odds and accepting losses as a natural part of the game. Understanding and adopting these practices allows bettors to enjoy a more balanced and healthy betting experience.
Some of these practices include:
* Having information about the real odds of winning or losing;
* Enjoying the experiences of betting in low-risk conditions;
* Betting for fun, not to make money or avoid problems;
* Not allowing gambling to affect your relationships with family and friends;
* Understand the odds of winning and losing;
* If you feel that gambling is becoming a problem, seek help from specialized institutions.
By supporting the IAA, NGX reaffirms its commitment to ethics and responsibility in the gambling industry. This initiative is aligned with the company's mission to promote a safe and responsible gaming environment.
"We are excited to support the IAA," says Italo Tavares, co-founder of NGX. "Our initiative is an important step to ensure that our operations are aligned with responsible gaming best practices and regulatory requirements."
"Companies in the industry provide entertainment and fun, and the IAA supports those who see gambling differently. Initiatives like this promote a safe and responsible gaming environment. We invite other companies to support this project, especially at this time of change in the Brazilian gaming scene," he concludes.
NGX is a leading provider of betting platforms and iGaming solutions. With years of experience in the market, the company is known for its excellence, innovation and commitment to safety and regulatory compliance.
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Source: GMB
