Brazilian Ministry of Sports and Sportradar Team Up to Protect Sports Integrity in the Region

The Brazilian Ministry of Sports and Sportradar Group AG (NASDAQ: SRAD) signed a Technical Cooperation Agreement (ACT) focused on the integrity of sports betting in Brazil. Both parties share data regarding the betting market and collaborate to prevent match-fixing under this partnership. The Ministry of Sports receives alerts about unusual activity thanks to Sportradar’s Universal […]

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Indonesia Law Enforcement Acts on Illegal Gambling Website

The Indonesian government stepped up efforts to shut down illegal gambling sites. Jakarta Police last week linked and subsequently arrested individuals connected with the TAHU69 gambling site. Jakarta Globe said that two individuals, 29-year-old Obed and 28-year-old Alfredo, were arrested by the police. They were apprehended from a residential complex and a commercial complex. Obed […]

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Brazil Initiates Major Action Against Financial Institutions Involved in Illegal Gambling Transactions, Potential Fines Reach R$2 Billion

Brazil’s Secretariat of Prizes and Betting (SPA) has sent formal notifications to 33 financial and payment institutions that processed transactions with unauthorised betting platforms. This is one of the biggest enforcement actions since the country’s new gambling regulation came into effect this year. The SPA gave these institutions 10 days to respond to the notifications. […]

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