Insights from the Brazilian regulatory landscape

Rami Gabriel November 13, 2024
Insights from the Brazilian regulatory landscape

In a pivotal panel discussion titled “The Voice of the Industry: How ABRAJOGO Facilitates Dialogue Between iGaming and the Government,” leaders in the iGaming sector shared key insights on navigating Brazil’s evolving regulatory landscape. Hosted at SiGMA Europe , this session emphasized the importance of dialogue and collaboration between the gaming industry and government authorities, particularly through the role of ABRAJOGO, an association dedicated to amplifying the industry’s voice in Brazil.

The discussion, featuring prominent figures such as Pedrão Bet of Aposta Online and Witoldo Hendrich of Online IPS, underscored the need for a unified approach in addressing challenges unique to Brazil’s regulatory framework. Witoldo Hendrich recounted ABRAJOGO’s journey, starting in 2018, when initial conversations with Brazilian legislators highlighted the necessity for a more structured, controlled environment for dialogue. He explained how ABRAJOGO emerged as a channel for the iGaming industry to establish a transparent, trustworthy relationship with Congress, facilitating informed decisions on regulation. This association now acts as a centralized voice, advocating for industry interests and helping streamline complex regulatory conversations.

Pedrão Bet further highlighted the importance of education in transforming the public perception of gaming in Brazil, addressing misconceptions about its societal impact. He emphasized that ABRAJOGO’s initiatives aim not only to inform government officials but also to combat misleading narratives, fostering a positive and realistic image of the gaming sector.

In this critical regulatory journey, the partnership between BIS Americas (Brazil iGaming Summit) and SiGMA World represents a strategic alliance, aiming to support Brazil’s gaming industry by providing a robust platform for constructive dialogue and industry collaboration. Together, BIS Americas and SiGMA World are poised to drive meaningful progress for Brazil’s gaming ecosystem, setting a benchmark for responsible, well-informed regulatory development in Latin America.

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