By The Weekly Edge desk ·
IAGR has elected Fabio Macorin, deputy secretary of Brazil’s Secretariat of Prizes and Betting (SPA), to its Board of Trustees, Asia Gaming Brief reported. His experience includes financial crime prevention, law enforcement and betting supervision.
IAGR’s board gains Fabio Macorin’s experience in Brazilian betting supervision, financial crime prevention and law enforcement.
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Fabio Macorin’s appointment gives Brazil’s gambling regulator deputy secretary an international role on IAGR’s board of trustees.
Betting platforms face SPA’s pledge of stricter sanctions as Mariana Piccoli takes charge of sanctioning action.
Brilliant Gaming faces a fine of nearly R$1m after authorities could not locate it at its registered address.
The pending balance and unnamed companies leave operators and bettors without a full account of refunds still due.
The ban could create legal uncertainty for licensed operators and affect investor perceptions of Brazil’s regulated market.
The case involves alleged illegal betting platforms and financial flows, with judicial measures affecting two companies and a site used to promote bets.