Brazil: Implemented SPA/MF ordinance no. 1,207 establishing technical requirements for online games and live game studios to be observed by fixed-odds lottery operating agents

Description

Implemented SPA/MF ordinance no. 1,207 establishing technical requirements for online games and live game studios to be observed by fixed-odds lottery operating agents

On 31 July 2024, the Prizes and Betting Secretariat of the Ministry of Finance's (SPA/MF) Ordinance No. 1,207, establishing technical requirements for online games and live game studios, entered into force. The ordinance, aimed at fixed-odds lottery operating agents, mandates compliance with specific technical, security, and operational standards to ensure the integrity and reliability of online betting activities. It amends previous regulations and introduces certification requirements for online games and live gaming studios, including the need for these to be certified by entities recognised by the Prizes and Betting Secretariat. Furthermore, it outlines the operational definitions and requirements for betting systems, online games, live gaming studios, and the certification process, ensuring that all components meet the established technical criteria.

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
infrastructure provider: internet and telecom services, digital payment provider (incl. cryptocurrencies), platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body

Complete timeline of this policy change

Hide details
2024-07-29
adopted

On 29 July 2024, the Prizes and Betting Secretariat of the Ministry of Finance (SPA/MF) adopted Ord…

2024-07-31
in force

On 31 July 2024, the Prizes and Betting Secretariat of the Ministry of Finance's (SPA/MF) Ordinance…

We use cookies and other technologies to perform analytics on our website. By opting in, you consent to the use by us and our third-party partners of cookies and data gathered from your use of our platform. See our Privacy Policy to learn more about the use of data and your rights.