The Ministry of Sports, along with several other departments in the fields of justice, finances, and public security, unanimously endorsed the initiative. André Fufuca, the division's secretary, mentioned that the government aims to ensure players feel safe and to boost confidence in the existing betting oversight framework.
He also noted that participating in such a significant project highlights the Ministry’s alertness and commitment to fulfilling its duties. Combating fixed matches and maintaining the fairness of competitions remain top priorities for the branch.
The state has seen consistent growth in the fixed-odds betting sector. Its expansion commenced shortly after the official launch. This quick upturn clearly indicates that the country has implemented the appropriate regulatory model and created supportive conditions for market representatives.
Key objectives of participating in the initiative include:
Despite the generally positive trends, the state’s authorities recognise challenges within the regulatory framework. The Convention establishes a unified programme of interaction between all industry stakeholders.
It aims to bring together:
The initiative outlines different approaches to prevent, identify, and address match result manipulations. It incorporates international standards that have already demonstrated their effectiveness in major European and North American jurisdictions.
Brazil has adopted practical tools and introduced a new component to the procedure by hosting lectures and training seminars on responsible wagering. This idea, initiated by several local sports clubs, is gaining traction rapidly. For example, 7K, owned by Ana Gaming, held a joint gathering with the Mirassol coaching staff and team, primarily concentrating on the risks associated with fixed matches.
Nickolas Ribeiro, Ana Gaming’s Partner and Founder, highlighted that integrity is essential for building trust within the betting industry and sports overall. The expert believes that thematic seminars support fundamental regulatory requirements and ensure sustainable market oversight. A robust legal sector demands a deliberate and proactive approach. Investing in training is a practical step to reduce risks and improve social responsibility.
Properly organised data exchange among participating states streamlines the solution of multiple supervision tasks. Brazil now benefits from cutting-edge technologies and practices from more experienced jurisdictions. The Convention has been effective since September 2019 and has been ratified by numerous countries.
Among them are:
Furthermore, over 30 other European countries, along with Australia and Morocco, signed the cooperation agreement, greatly broadening the initiative’s global scope.
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