New Manifesto Unveiled by IBJR, Highlights Prominent Promises
The Brazilian Institute of Responsible Gaming (IBJR) has released a manifesto, titled "To play, there must be rules," focusing on regulation, contribution to the economy and sports, conscious advertising, and responsible gaming. The manifesto outlines the institute's goal to contribute to the development of a secure, transparent, and healthy gambling environment.
According to the manifesto, the legalisation of online betting in Brazil, set to launch on January 1, 2025, will be accompanied by a comprehensive set of rules to protect consumers from excessive gambling and harm. The IBJR emphasises the importance of preventing underage gambling and protecting consumers from excessive gambling.
One of the key measures outlined in the manifesto is the prohibition of credit card usage for gambling. This move aims to minimise financial losses and encourage responsible spending. In addition, licensed betting brands in Brazil will have a new internet domain ending: .bet.br, to distinguish them from offshore or illegal operators.
The IBJR's manifesto also supports the implementation of technological solutions like facial recognition to combat addictive behaviour and prevent minors from placing online bets. This measure is expected to provide an additional layer of protection, ensuring that only adults are able to access betting platforms.
In terms of consumer protection, the manifesto highlights the importance of betting limits, such as deposit, time, and spending limits, to help consumers restrict their financial losses. The IBJR also supports the regulation of advertising to ensure that betting ads do not breach legal norms.
The IBJR has adopted clear parameters and launched an Advertising Code that guides the campaigns of companies associated with IBJR. This code aims to promote responsible gambling and prevent the glamorisation of gambling-related harm.
The manifesto estimates that taxes from the legal betting industry in Brazil are expected to reach billions of reais. These funds will be allocated towards social programs, including funding for addiction treatment and sports development.
The IBJR is also collaborating with match-fixing monitoring bodies such as the IBIA to promote responsible play through legal platforms. This collaboration aims to ensure the integrity of sports events and maintain the trust of the public in the betting industry.
Without specific details from the IBJR manifesto, these general points form the typical pillars of regulatory proposals for legal sports betting in Brazil. For precise details about IBJR's manifesto, further targeted research from official IBJR publications, Brazilian government releases, or specialized legal and gaming industry sources would be necessary.
The upcoming legalization of online sports betting in Brazil, as outlined in the IBJR's manifesto, includes measures to prevent underage gambling and excessive spending, such as prohibiting credit card usage for gambling and implementing betting limits. Additionally, the manifesto supports the use of technological solutions like facial recognition to ensure that only adults can access betting platforms, and collaborates with match-fixing monitoring bodies to promote responsible play through legal sports betting.
