As part of the partnership, IBJR signed a betting integrity protection agreement with IBIA. This will support work against match-fixing and increase monitoring around sports events in Brazil.
This comes days after Brazil published its provisional measure for sports betting, placing it on the cusp of regulation.
“Sector regulation is essential to increase the authorities’ monitoring and collaboration actions to curb match-fixing schemes, protecting sports betting companies and Brazilian bettors,” said André Gelfi, CEO of IBJR. “To that end, we have already introduced IBIA representatives to the key authorities so that closer cooperation can be established to tackle the issue effectively.”
Khalid Ali, CEO of IBIA, said that both bodies had the same goals for this partnership – protection for Brazil’s customers.
“IBIA is delighted to reach this important agreement with the IBJR,” said Ali. “It is clear from our conversations that we share the same values and goals for the Brazilian sports betting market. That prioritises the integrity of the betting product and the protection of consumers and sporting events in Brazil.
“We will now be seeking to explore joint projects that progress those important objectives.”