Brazil finance ministry to release documents relating to betting licensing processes
The Brazil Ministry of Finance will publish all completed processes related to the licensing of commercial operations of fixed-odds betting.
More than 25,000 documents will soon be made publicly available on the ministry’s website. The announcement, made by Minister Dario Durigan alongside Daniele Cardoso, the head of the Secretary of Prizes and Betting (SPA), increases transparency in the regulation of the sector.
Minister Durigan stated that the disclosure of the proceedings will represent a new premise in the federal government’s transparency policy.
“My commitment, like President Lula’s commitment, is to provide transparency,” Durigan said. “This government is not a government of secrecy, it is not a government that intends to hoard information and withhold information from people. Therefore, in the coming days, all proceedings concerning companies regulated by the SPA that have been concluded, will be widely publicised.”
Personal data protection
The disclosure of the processes will require prior processing of personal data and information protected by confidentiality. To ensure compliance with data protection legislation, sensitive information will be hidden before the documents are published.
According to the ministry, this procedure will ensure preservation of personal data without compromising transparency regarding the analyses carried out by the public administration. The government is releasing access to betting data after having denied it and imposed 100 years of secrecy on the information.
The task force will be conducted in partnership with the Comptroller General of the Union, with the goal of accelerating the availability of documents. As the processes are prepared for publication, they will be published on the Ministry of Finance’s website and will be available for consultation. This measure reinforces the federal government’s commitment to transparency, regulatory integrity and public oversight of decisions related to the fixed-odds betting market in Brazil.
Increased enforcement during the World Cup
Cardoso reported that she is reinforcing monitoring and oversight actions with a focus on the coming FIFA World Cup. Among the measures already adopted are meetings with public prosecutors, consumer protection agencies, Procons (Brazilian consumer protection agencies) and other members of the National Consumer Protection System.
The objective is to reinforce compliance with advertising rules stipulated in Law No. 14.790/2023 and regulatory standards of the sector. These rules include those related to commercial communication and the marketing of betting platforms.
“We are reinforcing monitoring and oversight actions during the competition period,” Cardoso explained. “We have already instructed regulated agents on the need for strict adherence to the responsible gaming rules stipulated in the legislation [and] we will intensify the monitoring of the campaigns.”
In this regard, the 1st Responsible Gaming Seminar will be held on 16 June.