SOFTSWISS, a global leader in iGaming technology with over 15 years of experience, is on track to secure certification for its casino and sports betting platform in Brazil.
The certification process, conducted by an authorized testing laboratory, is currently underway. As the process unfolds, SOFTSWISS shares insights into the essential requirements for success in the growing Brazilian market.
SOFTSWISS has the best certifications
Last year, SOFTSWISS obtained GLI-19 and GLI-33 certifications, providing a solid foundation to meet Brazilian regulatory standards. However, the Brazilian market has its own regulatory requirements.
Thus, through close consultations with certification laboratories, SOFTSWISS identified the main priorities defined by the Brazilian government, including player registration, Know Your Customer (KYC) protocols and responsible gaming practices.
Andrey Starovoitov, Co-CEO of SOFTSWISS, comments: “We see Brazil as a highly promising region and are encouraged by the progress in local regulation, as well as the proactive efforts of local authorities to refine and improve the existing legal framework.”
“Therefore, stringent requirements for gambling software emphasize responsible gaming and protection of the public, which regulators seek to balance effectively with commercial interests.”
“It is clear that the Brazilian government is working diligently to maintain the attractiveness of white labeling in this market, ensuring a healthy environment for both operators and players.”
Improved registration processes
One of the standout features of Brazil’s regulatory approach is the emphasis on a robust registration process designed to reduce potential risks for players and operators.
In particular, the regulations require new players to provide a CPF (Individual Taxpayer Registration) number during registration. The system verifies the number to prevent users from creating multiple accounts. Furthermore, it ensures that records are made with accurate personal details, reducing the risk of fraud.
This measure will be crucial:
- Preventing gambling with minors
- In protecting self-excluded individuals
- In protecting traders against bonus abuse through account multiplicity
- If the government monitors compliance with taxes on earnings
Strict KYC protocols
Brazil’s regulatory framework is also expected to introduce improved KYC procedures. Specific user actions, such as password resets or profile updates, may require additional verification steps.
One possible implementation is a liveness check, requiring technical updates for most existing platforms. This approach ensures greater security and compliance, protecting both operators and end users.
SOFTSWISS is committed to responsible gaming
Responsible gaming is one of the main priorities of the Brazilian regulatory body. Currently, the regulatory body is formulating a comprehensive set of requirements that will allow players to control their gaming activities.
These features must be seamlessly integrated into gaming platforms, reflecting the government’s commitment to protecting players and promoting a safe gaming environment.
Due to its extensive experience in this area, SOFTSWISS is well positioned to meet these requirements. With a strong track record in maintaining high security standards, the company has demonstrated its capabilities by helping operators secure around €6 million through its anti-fraud team in the first half of 2024.
These efforts did not go unnoticed. SOFTSWISS has been recognized with several industry awards, such as the SiGMA Africa Awards, for its commitment to responsible gaming.
Earlier this year, as part of its strategic expansion in Brazil, SOFTSWISS appointed legendary F1 driver Rubens Barrichello as its Non-Executive Director in Latin America. Barrichello, known for his success in the highly competitive world of motorsport, brings invaluable experience in cutting-edge technology and innovation.
Therefore, your involvement ensures that SOFTSWISS benefits from your in-depth knowledge of the Brazilian market. In other words, the company has the chance to integrate a local perspective into the development of its products.
