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New IT Security Guidelines Issued by Brazil’s SPA for Online Gambling Market
As Brazil edges closer to launching its regulated online gambling market, known as ‘Bets’, in 2024, the Secretariat of Betting and Prizes (SPA) has released a crucial set of ordinances outlining IT security and platform requirements. This initiative aims to ensure a secure and compliant environment for the upcoming market. On Friday, the SPA detailed the second ordinance, focusing on IT system requirements for market participants.
Comprehensive IT System Guidelines for Operators
This is a follow up from the previous post. The recent ordinance provides a detailed framework that includes preliminary provisions and technical requirements, which are essential for the secure operation of online game suites and betting platforms.
Consumer Protection and Transparency
The SPA insists on transparency regarding the use of cookies; players must be informed about and must consent to cookies necessary for online gaming. Moreover, online games are required to disclose the odds and potential payout multipliers clearly at the time of bet placement.
Certification and Compliance Requirements
Before the market goes live, all betting systems and platforms need certification from agencies authorized by the SPA, including GLI, eCOGRA, and BMM Testlabs. Operators must submit an evaluation report from these agencies within 90 days after receiving the SPA’s authorization act.
Ongoing Regulatory Developments
Following this second ordinance, the SPA will continue to release additional guidelines covering other critical aspects such as payments, crime prevention, and safer gambling practices. These guidelines are set to be finalized by the end of July.