In this episode of the World Series of Politics hosts Brandt Iden and Brendan Bussmann welcome Aposta Ganga’s Hugo Baungartner to assess the launch of regulated online gambling in Brazil.
Since 1 January, Brazil sports betting and gaming has officially launched following a lengthy legislative process, and Hugo has been involved at every step of the way.
With Aposta Ganha now offering legal sports betting in Brazil, he talks our dynamic duo through the challenges of complying with the various KYC hurdles, and the last minute rush to secure certification before sports betting and online gaming launched in the market.
After years of unregulated activity, they also discuss efforts by the government to stamp out illegal gambling, and leveraging the popularity of local payment solution Pix to effectively curb unlicensed operations.
And is the launch of sports betting and igaming the last major development for gambling in Brazil? With plans to legalise land-based casinos, bingo halls and even jogo de bicho, the market could soon become much more competitive.
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