BBL Lawyers has just created a new area of practice focused on the gaming and betting market, under the leadership of partner Eduardo Bruzzi. The initiative aims to structure the firm to meet the legal demands arising from the new regulatory scenario of iGaming in Brazil, a sector that moves billions of reais and is in full expansion.
The lawyer has extensive experience in the financial market and has worked in institutions with a monopoly on games and lotteries in Brazil.
“The sports betting sector is highly innovative and challenging. Our goal is to show the market that BBL is prepared to offer complete legal advice to betting companies and the financial sector, from consulting for operating license applications to sectoral regulatory compliance”, states Bruzzi
"This involves, among other issues, the financial flows transacted between betting houses and their clients, the prevention of money laundering, privacy and data protection, the rights of bettors, restrictions and impediments, and the trademark rights of betting operators”, he adds.
The newly regulated sector is still in the process of adaptation, with companies obtaining their operating licenses and the Secretariat of Prizes and Bets, from the Ministry of Finance, establishing itself as the responsible regulatory body.
According to Bruzzi, regulation tends to be refined over time, and the role of lawyers is fundamental in adapting companies to current standards. “Companies need legal support to understand the new regulatory framework and make strategic decisions in compliance with corporate, regulatory, tax, intellectual property, and consumer rules”, he explains.
The firm, which has already been demanded by companies from the financial and betting sectors, positions itself as a reference in legal support both in advisory and litigation. “We are prepared to act comprehensively and with specialized teams in each area, offering complete solutions for our clients”, Bruzzi reinforces.
With a strong digital presence and continuous content production, the firm plans to promote events and informative materials about the legal issues involving the betting sector. “We want to educate the market and our clients about the legal nuances of this new market, contributing to the healthy development of the sector, job creation, tax collection, and legal security”, the partner adds.
With the new area, BBL Lawyers reinforces its capacity to advise betting companies and the financial market, helping them to adapt to the new rules and ensuring that their operations are in compliance with current legislation. “We are committed to assisting our clients in preparing for possible legislative changes, always focusing on ethics and corporate responsibility”, Bruzzi concludes.
BBL Lawyers is a firm whose vocation is to find solutions to challenges of the modern world, in various specialties of Law. We represent clients from various branches of the new economy, such as fintechs, marketplaces, and startups, as well as from traditional sectors, such as banks and construction companies.
A team that works in an integrated manner is the secret to innovative solutions for each type of problem. The firm believes that being connected not only to legal techniques but also to the cultural and technological advances of society is the most intelligent and complete way to enable its clients' businesses.
Source: GMB
