The iGaming industry in Brazil is undergoing a significant transformation, driven by new regulations aimed at ensuring greater transparency, security, and control in the online betting market. In this article, Mickael Shahinyan, co-founder of Oddsgate, describes the path to the regularization of his platform.
Companies operating in this sector, such as Oddsgate, are quickly adapting to meet the legal requirements imposed by Brazilian authorities. With a solid commitment to compliance, Oddsgate has implemented a series of changes in its B2B platform to ensure that its services are aligned with the established norms. Now, the company shares some key strategies.
The Importance of Adapting to Regulations
At the beginning of October, through the Ministry of Finance, the Brazilian government took decisive steps to block access to sites that have not yet started the regularization process. Only platforms that have begun this process or have already made the necessary adjustments will be able to continue operating in Brazil.
GLI Certifications and Legal Compliance
Companies with GLI-19 and GLI-33 certifications, granted by Gaming Laboratories International (GLI), find a simpler adaptation process. These certifications indicate that the platform has undergone rigorous compliance testing, eliminating the need for a complete reevaluation for the Brazilian market.
Platform providers that have already obtained GLI-19 and GLI-33 certifications need to adjust their products to meet the demands of the Brazilian regulator. Once these changes are implemented, the platform receives the "federal" designation, indicating compliance with Brazilian federal online betting regulations.
This streamlined process allows operators with GLI certifications to enter the regulated Brazilian market more quickly, maintaining the high standards required by local authorities.
“The federal GLI certification process is an important milestone to ensure that betting platforms focused on Brazil meet the most rigorous standards of security and transparency. Obtaining this certification reinforces the commitment of the entire sector to creating a responsible betting environment for operators and players. With the recent adaptations required by Brazilian regulations, the process continues to advance solidly, especially for operators seeking federal and state licenses,” said Mickael Shahinyan, co-founder of Oddsgate
Testing Calendar and Adjustments
Oddsgate, a company that offers a B2B platform, reports that it has initiated changes in its online gaming platform and is undergoing a series of tests to ensure full compliance with Brazilian regulations. This process has already begun and is divided into five main stages:
- October 1st: API connection stage;
- October 8th: Successful test data submission;
- October 18th: Real data submission and quality verification;
- October 28th: Conclusion of the initial phase;
- November 4th: Evaluation of the tests.
The goal is to ensure that the platform meets all legal requirements and offers a safe and transparent experience for operators and players.
“Our platform successfully passed the initial stages of compliance, including a test on October 8th, and now we are preparing the final steps. These tests do not directly certify the platform, but ensure that the company is fully aligned with the established standards. On November 4th, the Sigap (Betting Management System) will send the results of the report analysis to the approved gaming laboratories,” reports Shahinyan.
Technological Innovations for Greater Security
Oddsgate is preparing other significant changes, focusing on technologies that enhance security and regulatory compliance. Among them are:
* User verification by facial recognition: This technology ensures the correct identification of bettors, preventing fraud.
* Financial traceability: Advanced financial monitoring tools have been integrated to combat money laundering, ensuring complete traceability of financial flows.
* Behavioral pattern detection: Artificial Intelligence (AI) is used to identify suspicious behaviors during betting, preventing manipulations and fraud.
* Addiction control: Tools that limit login time and bet amounts are implemented to protect players from compulsive behaviors.
* Game segregation: The offering of games will be reorganized according to new tax rules, which establish different taxation for modalities such as fixed-odds betting and online casinos.
* Security and transparency: Advanced technologies, such as geolocation and financial volume monitoring, ensure that resources are properly allocated, providing greater control over platform operations.
* Access restrictions: Minors and individuals with direct influence in sports events, such as referees and coaches, will have their access restricted to avoid conflicts of interest and fraud.
A Continued Commitment to Compliance
With the increasing regulatory pressure, it is essential that companies remain committed to compliance and innovation in the Brazilian market and closely follow the evolving regulatory calendar. In the case of Oddsgate, as it navigates through this phase and assists its clients and partners in regulation, the company is already preparing for the renewal of its certifications and licenses for 2025.
The key to success in the Brazilian iGaming market is the ability to quickly adapt to changes and implement innovative solutions that ensure a safe and protected betting environment for all involved.
With this focus on security, innovation, and compliance, overcoming the challenges of a constantly evolving market is expected to become smoother.
Oddsgate
Oddsgate is a leader in the iGaming industry, offering a complete SaaS platform. The company ensures efficient integration and development from scratch in up to 30 days. Committed to quality, it has a customer-oriented philosophy, with global operations and the best market solutions in sportsbook, casino, CRM, payment systems, and affiliate systems.
Source: GMB
