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Dr. Michael Auer, Managing Director of OpenBet’s Neccton
Dr. Michael Auer, Managing Director of OpenBet’s Neccton, examines how robust player protection tools can address the risks that Brazilians currently face in order to facilitate a safer experience
Dr. Michael Auer, Managing Director of OpenBet’s Neccton, examines how robust player protection tools can address the risks that Brazilians currently face in order to facilitate a safer experience
Brazil’s regulated market is set to go live in less than a month and the first list of authorised operators has now been announced. As the noise around the market’s opening grows louder, the need for responsible gaming measures has never been clearer.
The issue of problematic gaming behaviors was brought to the attention of mainstream media recently when a report suggested that Brazilian bettors are taking out loans with up to 438% interest to fund the current betting spend. This demonstrates the reason why regulation is being introduced in Brazil to create a safer environment, while also underscoring the urgent need for operators to equip themselves with the necessary tools to protect players.
Many locally licensed operators, such a..
