A new strategic unit has been formed by the Secretariat for Prizes and Betting l to supervise the licensing requirements and fiscal compliance of operators permitted to take part in the Brazil Bets market.
Through a collaborative agreement with the Federal Revenue Service, the unit—named GTI-Bets—has been established.
In addition to its monitoring responsibilities, the unit will assist Brazilian law enforcement and investigative agencies in detecting illicit activities such as money laundering, illicit transactions, and unlicensed operations that jeopardize the integrity of the Bets market.
Through a collaborative agreement with the Federal Revenue Service, the unit—named GTI-Bets—has been established.
In addition to its monitoring responsibilities, the unit will assist Brazilian law enforcement and investigative agencies in detecting illicit activities such as money laundering, illicit transactions, and unlicensed operations that jeopardize the integrity of the Bets market.