The Brazilian Institute of Responsible Gaming (IBJR) has lambasted the “uncertain trajectory” of the regulation of sports betting in the country, after further delays to the framework were confirmed.
Explaining its deep concern over the state of regulation in the nation, IBJR outlined that further delays and “sudden change of courses” are creating insecurity after over four years of waiting for regulations to be set in stone.
An IBJR statement read: “The recent news that the announced Provisional Measure promised for the end of April would be converted into an urgent Bill of Law marked yet another sudden change of course in relation to the plan that the Government Federal had communicated to the market, generating new delays, and insecurity among operators and members of the IBJR.”
