Podcasts

Sports Betting in Brazil: Opportunities & Obstacles

In this episode, we speak to a Brazilian gambling law expert about Brazil's long and winding road to regulated sports betting.

In this episode, we speak to a Brazilian gambling law expert about Brazil's long and winding road to regulated sports betting.

In this episode, VIXIO GamblingCompliance's chief analyst James Kilsby speaks with Brazilian gambling law expert Luiz Felipe Maia of FYMSA Advogados in Sao Paulo about Brazil's long and winding road to regulated sports betting.Two and a half years after Brazil's Congress passed a law to legalise both land-based and online fixed-odds betting, delayed efforts to establish a concession or licensing system received a boost as lawmakers agreed to enact new legislation to lower the effective tax rates. Still, significant challenges remain, including emerging competition from state and municipal governments that last year received legal approval to launch lottery games and sports betting within their borders.

“Vixio GamblingCompliance is an important string to our bow in helping us to be as effective as possible in supporting our partners. The understanding that the team at Vixio have of global gambling regulation is tough to match in their field, and their ability to effectively communicate this knowledge is a big help for our team as we continue to expand globally. Regulatory and compliance teams of any size or experience can benefit from the expertise Vixio brings to the table, and they have helped us to stay abreast of developments and maintain the high standards we have set for compliance and integrity.”

Tommaso Di Chio

SVP Regulatory Affairs
and Compliance at Kambi

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