“Now is the time, more than ever, for unity. We have a common agenda, which is the viability of the regulated betting market," stated ANJL president, Plínio Lemos Jorge.
"We are facing a major challenge, because overtaxation compromises the sector's activity and drives the growth of illegal websites, which already represent the vast majority of bets operating in the country.”
Fernando Vieira also highlighted the importance of the agreement between the two largest betting associations in Brazil. “We are going to tackle the illegal market. It is a huge problem. We cannot help but forces to resolve this issue,” he said.
Together, the two entities will have even more strength to work with the Executive and Legislative Branches to defend the interests of the sector. The sector as a whole has been expressing discontent over the lack of unity among some players, and the partnership between ANJL and IBJR, which represent more than 80% of the regulated companies operating in Brazil, meets this pressing need.
Now, they will have more voice and strength to defend the sports betting and online gaming sector as a serious economic activity, focused on compliance and strict operating rules. The defense of Responsible Gaming, transparency and the fight against the illegal betting market will be on the agenda of both associations.
Source: GMB
