Brazil’s gambling landscape is shifting as the Brazilian Institute of Responsible Gaming (IBJR) announces a change in leadership, marking a pivotal moment for the country’s betting sector.
Key Takeaways:
- IBJR executive president Fernando Vieira steps down
- André Gelfi appointed as interim executive president
- IBJR continues fight against illegal gambling market
Leadership Transition at IBJR
The Brazilian Institute of Responsible Gaming (IBJR) is entering a new phase as it searches for a new executive president. Fernando Vieira, who has held the position since March, is departing to pursue opportunities outside the gambling sector. The IBJR has initiated the process to select his successor.
During the transition, André Gelfi will step in as interim executive president. Gelfi, a founding member of the IBJR, also serves as managing partner of Betsson Group in Brazil, bringing valuable industry experience to the role.
Vieira’s Impact on Brazilian Gambling
Vieira’s tenure at the IBJR coincided with a significant period for Brazil’s betting industry. His leadership spanned the launch of the country’s online market on January 1, a milestone in Brazilian gambling regulation.
In his parting statement, Vieira reflected on his time at the helm: “It was an honour to lead the IBJR at this historic regulatory milestone. I am proud of the role we played in protecting consumers and strengthening the industry’s credibility. I remain confident that the entity will continue to advance this mission.”
Combating Illegal Gambling
A primary focus of Vieira’s work was addressing the illegal gambling market, a major concern for licensed operators in Brazil. The IBJR recognized Vieira as a “key figure” in this ongoing battle.
Vieira notably opposed a government measure to increase the tax rate on operators’ GGR from 12% to 18%. The IBJR estimated this could potentially increase the illegal market’s share from 50% to 60% of the total sector.
In June, Vieira emphasized the importance of channelization, stating: “The only way operators will be sustainable in Brazil is to increase the channelisation level and, for that, the fight against the illicit market becomes even more important.”
IBJR’s Ongoing Initiatives
Under Vieira’s leadership, the IBJR launched several initiatives to promote licensed gambling. These include a multi-platform advertising campaign and the BetAlert website, which allows players to verify the licensing status of betting sites.
As the IBJR moves forward, it will continue its efforts to protect consumers and maintain the integrity of Brazil’s burgeoning gambling market. The selection of a new executive president will be crucial in shaping the organization’s future direction and its role in the evolving Brazilian betting landscape.
I remember the first time I saw Kai Tak, Hong Kong’s gambling city, I thought I was in a fairy tale. All the lights blinking, the music and the monumental buildings, what 9-year-old wouldn’t think they’ve come to a magical place? It was my father who brought me, dragging me along and when inside I was hit by the smell of frying duck. As soon as I hit 21 I returned to Kai Tak, A bit nervous to see if my mind had embellished the memory, but it hadn’t. Kai Tak was still a magical place. I decided I wanted to spend as much time as I could at this place, so I did.
