Brazil was present at the 10th Ibero-American Gaming Summit, which took place on May 6th in Bogotá, Colombia, to discuss the betting sector.
Daniele Cardoso, secretary of Prizes and Bets at the Ministry of Finance (SPA), was the Brazilian representative at the event and shared the country’s experience following the regulation of betting.
Exchange of experiences
During the conference, Cardoso was present as a speaker, on the second day, on the panel “Regulation and licenses in Latin America: the framework of stability”.
She explained how Brazil went through a structuring of the betting sector with Law No. 13,756\/2018.
After that, fixed-odds betting was formally structured within a regulated market following the enactment of the Bets Law (Law No. 14,790\/2023).
As a result, companies began to follow clear rules, with an operating license, and bettors became protected by consumer protection measures.
The SPA secretary highlighted the importance of participating in international events and exchanging experiences and best practices with other countries.
For her, this “contributes to a safer, more transparent and protected environment for the bettor”.
Event brought together the largest number of regulators
In addition to Brazil’s presence, the meeting also brought together other representatives from regulatory entities in Peru, Portugal, Puerto Rico, Panama, Argentina and Colombia.
Brazil and Chile were the new countries to join the Summit, and together they discussed not only the challenges of the regulated betting sector but also the opportunities.
The host country, Colombia, was represented by Marco Emilio Hincapié, president of Coljuegos.
Mexico, Peru and Puerto Rico were also present with representatives Maria de Lourdes Ramírez, General Director of Games and Lotteries, José Luis Pérez, Director of Regulation and Registration of the General Directorate of Casino Games and Slot Machines, and the director of the Gaming Commission, respectively.
Portugal’s regulatory entity took part in the event, sending Luis Filipe Coelho, director of the country’s Gaming Regulation and Inspection Service.