With Brazil’s online betting market projected to reach $10 billion by 2029, operators are facing an urgent challenge: ensuring compliance and fraud prevention from day one. With the country’s new regulatory framework now underway, operators must prioritize risk management. This year, SBC Summit Rio 2025 brought together industry leaders, government officials and technology providers to discuss the road ahead, focusing on the importance of proactive risk and fraud management, regulatory adaptation and responsible gaming practices.
A Non-Negotiable Priority: Compliance
As of January 1, 2025, Brazil’s online betting market is fully regulated, requiring all operators to adhere to strict compliance measures enforced by the Ministry of Finance. At the summit, officials unveiled the Betting Management System (SIGAP), developed by Serpro for the Secretariat of Prizes and Betting (SPA). This system aims to provide real-time monitoring of licensed operators, ensuring transparency and integrity across the sector.
Government representatives stressed that compliance is a legal requirement and a foundation for long-term industry sustainability. With heavy fines and potential license revocations, operators must integrate robust Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to align with regulatory expectations.
Fraud Prevention is a Growing Concern in New Markets
The rapid expansion of online sports betting in Brazil has introduced new fraud risks, including bonus abuse, identity theft and account takeovers. Experts at the summit highlighted that aggressive advertising and an influx of new bettors have made platforms prime targets for fraudsters.
Operators who fail to implement strong fraud detection measures from the start risk financial losses and regulatory penalties, as well as reputational damages. To mitigate these risks, operators should leverage AI-driven fraud detection systems, digital footprint analysis, device intelligence and behavioral analytics to identify suspicious activities before they escalate.
The Key to Success is Staying Agile
Brazil’s gaming regulations are still evolving, and operators must stay agile. The SPA’s 2025 agenda includes:
- Regulation of fixed-odds betting suppliers
- Commercial promotions and advertising guidelines
- Instant lottery framework updates
With frequent regulatory reviews expected, industry players must invest in compliance automation and regulatory intelligence to adapt swiftly to new mandates.
The Future of Gambling is More Than Just Betting
Beyond sports betting, Brazil’s government is exploring legalizing casinos, bingos and integrated resorts, highlighting the sector’s potential to boost tourism, job creation and economic growth. “We start 2025 with strict and clear rules, as well as mechanisms to enforce them and operators to hold accountable. The imposition of these rules and their enforcement are the result of a huge effort by the Ministry of Finance, under the command of Minister Haddad and President Lula,” said Regis Dudena, Secretary of Prizes and Gaming. While this remains a topic of debate, experts agree that a well-regulated expansion could transform Brazil into a central global gaming hub.
The SBC Summit Rio 2025 reinforced a clear message: compliance and fraud prevention are the foundation for sustainable success in Brazil’s gaming market. As regulatory frameworks evolve, operators must stay informed, proactive and technologically equipped to navigate challenges and seize opportunities in this high-growth sector.
