{"id":135900,"date":"2024-01-09T09:29:17","date_gmt":"2024-01-09T12:29:17","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2024\/01\/09\/tighten-your-bets-regulation-requires-mandatory-identification-for-a-safer-gaming-experience\/"},"modified":"2024-01-09T09:40:34","modified_gmt":"2024-01-09T12:40:34","slug":"tighten-your-bets-regulation-requires-mandatory-identification-for-a-safer-gaming-experience","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2024\/01\/09\/tighten-your-bets-regulation-requires-mandatory-identification-for-a-safer-gaming-experience\/","title":{"rendered":"Tighten your bets: Regulation requires mandatory identification for a safer gaming experience"},"content":{"rendered":"\n

The National Congress approved Bill 3,626\/23<\/a>, marking a new era for sports betting<\/strong><\/a> in Brazil<\/strong>. In addition to addressing tax and concession issues, the regulation emphasizes essential measures for an authentic and safe gaming experience.<\/p>\n\n\n\n

A crucial highlight is the mandatory identification of the bettor<\/strong>, a direct response to the concern about bets placed by people under 18 years of age. Parliamentarians, including Angelo Coronel<\/a>, recognize the importance of this authentication.<\/p>\n\n\n\n

Identity verification not only deters traditional fraud, but also plays a vital role in preventing inappropriate practices, reinforcing the exclusivity of the online gambling environment for adults<\/strong>.<\/p>\n\n\n\n

Therefore, the project establishes robust guidelines for operators, requiring the verification and validation of bettors’ identification information.<\/p>\n\n\n

\n
\"Legitimuz<\/figure>\n<\/div>\n\n\n

These measures, in line with regulations, not only boost the Sports Betting<\/a> sector in the country, but also establish a safer and more regulated environment<\/strong>. However, security concerns go beyond simply complying with the legal age, encompassing emerging threats, such as synthetic identities.<\/p>\n\n\n\n

Lindsay Slader, SVP of Compliance at GeoComply<\/strong>, highlights the growing use of synthetic identities by fraudsters. These identities, composed partially or entirely of fictitious information, pose a massive combat challenge due to their anonymous nature. Without a discernible victim behind the fraud, detection becomes more difficult, prolonging the fraud scheme and increasing losses.<\/p>\n\n\n\n

\u201cBecause there is no victim behind a fraud that uses a synthetic identity, a fraud scheme can last much longer without being noticed, and investigations become more challenging.\u201d<\/em><\/p><\/blockquote><\/figure>\n\n\n\n

Cybersecurity<\/h2>\n\n\n\n

This is where KYC (Know Your Customer) biometric protocols come in, a vital tool in the battle against synthetic identities and compliance with the legal age<\/strong>.<\/p>\n\n\n\n

The combination of verification methods, including facial biometrics, strengthens operators’ anti-fraud arsenal, allowing them to trace information back to the real individual behind the account. Preventing both the participation of minors in betting and possible fraud against operators.<\/p>\n\n\n\n

Legitimuz<\/h2>\n\n\n\n

In this scenario, Legitimuz<\/a><\/strong> takes the lead in the fight against fraud and cyber verifications. Its robust system and innovative strategies offer unparalleled security, making it stand out as the top choice for bookmakers.<\/p>\n\n\n\n

The company not only protects against fraudsters, but also increases security and profitability for operators<\/strong>, representing a revolutionary change in the online betting landscape.<\/p>\n\n\n\n

\"Legitimuz<\/figure>\n\n\n\n

By adopting regulatory measures and innovative solutions like Legitimuz, Brazil not only guarantees the safety of players, but also reinforces the integrity of sports betting<\/a><\/strong>.<\/p>\n\n\n\n

This combination of regulation and advanced technology lays the foundation for the responsible and ethical growth of the industry, thus providing everyone involved with a fairer and more reliable gaming experience.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Congress approved Bill 3,626\/23, marking a new era for sports betting in Brazil. 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