The United Lotteries for Integrity in Sports (ULIS) announces that CAIXA Loterias is joining the association as an individual member following the approval of the ULIS Executive Committee. This new partnership underscores a shared commitment to maintaining integrity and transparency in the newly regulated Brazilian betting market.
Founded in 1861, CAIXA has played a key role in Brazil's development. The recent transfer of the Federal Lotteries business to CAIXA Loterias in April 2024 marks a significant focus on modernizing and diversifying Brazil's lottery and betting market.
As a member of ULIS, CAIXA Loterias aims to create a safe and honest environment for local consumers, aligning with international standards of sports integrity.
Lucíola Vasconcelos, president of CAIXA Loterias, emphasized the importance of the new association, stating: "This partnership with ULIS is an important milestone that reinforces our pursuit of the highest standards of integrity in our operations. We look forward to working closely with ULIS and its members to promote a safe and equitable environment for sports fans around the world".
CAIXA Loterias does more than fuel dreams; it drives significant social contributions through its lottery operations. Notably, 48% of the revenue from the Federal Lotteries is directed to legally stipulated beneficiaries.
Gilles Maillet, president of ULIS, highlighted the strategic importance of this partnership, noting: "CAIXA Loterias is a major player in the Latin American lottery market. Its strong commitment to responsible gaming and integrity policy is vital to our collective efforts to enhance transparency and ethical practices within the global sports community".
CAIXA joins a significant network of sports betting operators that share the same values. Their common resources and expertise are set to contribute significantly to global efforts in the field of sports integrity for a more transparent and fair sports environment.
The United Lotteries for Integrity in Sports (ULIS) is the collective monitoring system of state lotteries in sports betting. It aims to detect and analyze suspicious betting activities that may question the integrity of a sports competition.
ULIS facilitates the sharing of information on sports betting as part of the collective efforts of its members to ensure global sports integrity. It is dedicated to effective cooperation with all major stakeholders, namely regulators, law enforcement, and sports organizations.
Source: GMB
