A Historic Legal Moment in the iGaming Industry in Brazil

Jun 10, 2024

Octus Legal iGaming and Quinel Announce Partnership to Strengthen the Regulation of Sports Betting and Online Gaming in Brazil

Octus Legal iGaming and Quinel Announce Partnership to Strengthen the Regulation of Sports Betting and Online Gaming in Brazil. A pioneering collaboration that promises to revolutionize the Brazilian market with certification of excellence and legal compliance.

As never before, we are witnessing an extraordinary international feat in the regulation of sports betting and online gaming in Brazil. This milestone is symbolized by the strategic alliance between Octus Legal iGaming and Quinel, standing out as an unprecedented event in the sector.

Octus Legal iGaming, renowned for its legal advisory excellence in the gaming industry, and Quinel, a renowned international certification laboratory, are proud to announce a historic partnership. Thanks to this partnership, Quinel will ensure the necessary recognition to certify platforms, live game studios, and online games to be used by operators in Brazil.

Based on Ordinance SPA/MF no 300/2024, Octus is providing legal advice to Quinel in the process of recognizing its operational capacity as a certifying entity. This joint effort aims to ensure that the laboratory obtains the necessary recognition to certify the legality and compliance of the systems used by sports betting operators in Brazil. Following this certification, tests and verifications will be carried out to ensure that gaming and betting platforms are aligned with the standards and regulations established in the country.

"Accreditation with the Secretariat of Prizes and Bets is the first step to the success of a certification laboratory in Brazil," says Rafael Biasi, a lawyer specialized in lottery and betting legislation at Octus. With its recognized operational capacity, Quinel will be able to certify platforms, game studios, and online games for operators and platform providers wishing to operate in the regulated Brazilian market.

Rubio Teixeira, lawyer and founder of Octus, expressed his excitement about the partnership: "Octus is entering a new era with this collaboration. Our experience in legal advisory, combined with Quinel's certification excellence, will allow us to establish a high standard of compliance and security in the online gaming market in Brazil. We are excited to contribute to a more transparent and robust market that will benefit both operators and players."

The regulation of sports betting and online gaming in Brazil offers numerous benefits, such as greater security for players, combating money laundering, increasing tax revenue, and stimulating the economic development of the sector. Pietro Fiorito, Global Marketing Director of Quinel, emphasized the importance of the partnership: "The collaboration with Octus brings security and reaffirms our laboratory's commitment to global compliance rules and the new Brazilian legislation. With regulation, the gaming market becomes more transparent and reliable, attracting investments and promoting innovation in the country."

The partnership between Octus Legal iGaming and Quinel marks a significant advancement in the regulation of sports betting and online gaming in Brazil. By combining Octus' legal expertise with Quinel's international certification experience, this collaboration facilitates the legal and operational compliance of gaming platforms and strengthens the integrity and security of the sector. With robust regulation, the Brazilian online gaming market has the potential to become a model of transparency and innovation, attracting investments and promoting a safer and more reliable gaming environment for all involved.

This is undoubtedly a historic moment for the iGaming industry in Brazil, paving the way for a promising and revolutionary future in the online gaming sector. 

#OctusLegal #Quinel #GamingCertification #SportsBetting #OnlineGaming #Regulation #GamingSecurity #Compliance #Innovation #Investments

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Navigate safely in the high-risk sector.

We have the right solutions for your company to stand out in the market safely and legally.

Contact

17 Hanover Square, London W1S 1BN, United Kingdom

Octus Legal iGaming 044.546.183/0001-10 | All rights Reserved © 2024

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Navigate safely in the high-risk sector.

We have the right solutions for your company to stand out in the market safely and legally.

Contact

17 Hanover Square, London W1S 1BN, United Kingdom

Octus Legal iGaming 044.546.183/0001-10
All rights reserved © 2024