The Secretariat of Awards and Betting (SPA) of the Ministry of Finance and Sportradar signed this Tuesday (29) a Technical Cooperation Agreement (ACT) to exchange information on sports betting and jointly participate in various activities to safeguard the integrity of the newly regulated iGaming market.
The Technical Cooperation Agreement (ACT) aims to empower the technical staff of the SPA who will monitor sports betting and online games authorized in Brazil, given its responsibility to coordinate the process of authorization, supervision, and sanction of operators providing online gaming and sports betting services at the national level.
Sportradar will offer its expertise in integrity services to the Secretariat, including reporting any suspicious incidents that the company may identify through its market monitoring, as well as providing strategic consultancy to handle these situations.
Additionally, Sportradar will support the ongoing education and training of the SPA team on the threat of result manipulation, to enhance knowledge and understanding of the issue.
Regis Dudena, Secretary of Awards and Betting, responsible for the agreement stated: “The partnership with Sportradar will be an important tool to combat a significant negative externality of the fixed-odds betting market, which is the risk of sports results manipulation”.
Felippe Marchetti, manager of integrity partnerships at Sportradar in Brazil, declared: "The signing of the Technical Cooperation Agreement was a proud occasion for Sportradar and we appreciate the trust shown by the Brazilian Ministry of Finance in the expertise of Sportradar's integrity services division”.
“Initiatives like this ACT reflect a mutual commitment to establishing a sustainable and regulated sports betting industry in Brazil, built on a foundation of integrity”.
Sportradar Group AG, founded in 2001, is one of the global leaders in sports technology that creates immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media, and betting industries, the company provides sports federations, press, consumer platforms, and sports betting operators with a variety of solutions to help expand their businesses.
As a trusted partner of organizations such as ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA, and Bundesliga, Sportradar covers more than one million events annually across all major sports.
With significant relationships in the industry and expertise in the sector, Sportradar is not only redefining the sports fan experience; it also protects sports through its integrity services division and advocates for an integrity-focused environment for all involved.
For more information about Sportradar, visit: www.sportradar.com.
Source: GMB
