Two hot topics in Brazil were addressed in an exclusive interview with VaideBet’s legal director, Daniel Sitônio. He spoke about the long-awaited regulation of the online betting market and the partnership with Corinthians.
The regulatory framework was the first topic, mentioning positive and sensitive points of the new legislation. “Anyone looking to do serious work like us does not have to question regulations. In the beginning, this action was very difficult because we did not have standards and we needed to make our own ethical, technical and compliance requirements, all based on international legislation”.
“When regulations come to Brazil, it gives us enormous peace of mind. Our expectation is that this comes as quickly as possible so that the rules of the game are clear to everyone”, he added.
When comparing the standards proposed by the federal government with the best international practices, he pointed out: “There is no perfect regulation, it evolves over time. However, what is in place today we see as the best in international legislation. This brings peace of mind to both operators and users.”
VaideBet and Corinthians
The second part of the conversation focused on one of the most popular clubs in Brazil, Corinthians, which started the 2024 season with the VaideBet brand printed on the noblest part of the uniform.
According to Daniel Sitônio, the choice for the São Paulo football club was due to the greatness of the institution and its passionate fans. “There was no better opportunity to join this project and associate our image with a club the size of Corinthians. We are feeling the growth on social media”, he added.
Lasting three years, the partnership goes beyond men’s football. “We are with Corinthians in several ways. We see the size of women’s football and we are happy to invest in this area, because we understand that there is no longer room for this difference”, concluded the legal director of VaideBet.
