Brazil’s SPA chief positive policies will successfully mark out black market
Regis Dudena, head of the Secretariat of Prizes and Bets (SPA), thinks wagering guidelines will suppress the black market in Brazil as IP and Pix obstructing will make the environment illogical.
Brazil started its brand-new period of managed banking on 1 January when the legal online market introduced and the SPA is supervising enforcement of the sector.
The black market stays a sticking around issue in Brazil, however, especially for certified operators that have actually paid a substantial BRL30 million (₤ 3.9 million/EUR4.7 million/$4.8 million) licence cost.
Far, the SPA has actually given complete licences to 14 business, while 52 are waiting for last approvals.
Dudena stays positive the policies set out by the SPA in 2024 will work in obstructing unlawful websites by ma...