Navigating Brazil’s Evolving Gambling Regulations with Bespot
Understanding Brazil’s New Gambling Regulation
Brazil is undergoing a transformative shift in its approach to gambling regulations, transitioning from a long-standing unregulated gambling market to establishing a comprehensive legal framework for the industry.
This evolution aims to create a regulated environment that promotes responsible gaming and enhances integrity across all market stakeholders. Under the new regulations set forth by the Secretariat of Prizes and Bets (SPA, Ministry of Finance), all sports betting, lottery, fantasy, and iGaming operators must obtain licenses and adhere to stringent compliance measures, including geolocation standards to ensure that players are physically located within Brazil.
Bespot’s Solution for Geolocation Compliance
Bespot Blueprint & Bespot Gatekeeper are comprehensive solutions designed to help sports betting and iGaming operators comply with Brazil’s new stringent legislation. Our platform enables operators to reliably verify player location and device integrity, ensuring full compliance with federal and state regulations. Bespot Gatekeeper integrates seamlessly into existing applications, providing operators confidence in meeting legal standards while maintaining a smooth and secure player experience.
Key Features of Bespot’s Geolocation Verification Service
Integrated Fraud Detection
Bespot Blueprint & Gatekeeper combine Geolocation Verification with advanced fraud prevention, including account and device sharing, detection of bonus abuse farms, and anti-money laundering (AML) activities, all within a single pricing plan.
Advanced Rules Engine & Scoring
Prevent fraud in real-time with our sophisticated rules engine. Using weighted risk scoring and customizable criteria, Bespot provides both pre-configured and tailored rules to match your specific use case.
Quick, Seamless Integration — No Companion App Needed
Get up and running within days with minimal effort and resources. Bespot integrates directly into browser-based and mobile applications, ensuring players can complete transactions without being redirected to external apps.
Enhanced Insights for Responsible Gaming
Bespot provides comprehensive insights to identify potentially at-risk players through indicators such as prolonged gaming sessions, overnight gaming, and device misuse. By leveraging our insights, operators can reinforce their commitment to safeguarding player well-being, ensuring that gaming remains an enjoyable, responsible and compliant activity.
Why Choose Bespot?
Choosing Bespot means partnering with a leader in geolocation verification tailored specifically for the Brazilian gaming market. Here’s what makes our Location Verification solution unique:
- Expertise in Local Regulations: Our deep understanding of Brazilian laws, supported by a team of local experts, keeps us informed about regulatory changes, ensuring your operations remain compliant as the landscape evolves.
- Commitment to Integrity: We prioritize the integrity of your operations, helping you foster trust with both customers and regulatory authorities.
- Real-Time Monitoring: We provide continuous monitoring and reporting, enabling operators to swiftly identify and resolve compliance issues.
- No hidden costs — Just Comprehensive Protection: Our competitively priced service combines geolocation and fraud prevention in a single transparent pricing plan, ensuring quality and efficiency without surprises.
- Personalized Support & Service: Enjoy dedicated, flexible support for a seamless integration experience. Unlike larger providers, Bespot offers a tailored approach, ensuring your unique needs are met quickly and effectively.
With the new regulatory landscape in Brazil, it is essential for sports betting, lottery, and iGaming operators to adapt swiftly and effectively. Bespot is committed to equipping you with the necessary solutions and expertise to successfully navigate these changes.
Contact us to discover how we can help you achieve compliance and thrive in this evolving landscape.
Stay tuned for the latest updates on Bespot’s solutions and Brazil’s gaming legislation. Follow us on LinkedIn for more insights!
