{"id":136998,"date":"2024-01-18T09:28:40","date_gmt":"2024-01-18T12:28:40","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2024\/01\/18\/vaidebet-does-not-pass-corinthians-compliance\/"},"modified":"2024-01-18T09:38:02","modified_gmt":"2024-01-18T12:38:02","slug":"vaidebet-does-not-pass-corinthians-compliance","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/bookmakers\/2024\/01\/18\/vaidebet-does-not-pass-corinthians-compliance\/","title":{"rendered":"VaideBet does not pass Corinthians Compliance"},"content":{"rendered":"\n

In the sports betting<\/a> scene, Corinthians<\/strong> surprised everyone on January 7th by announcing a historic partnership with VaideBet<\/strong>, an online betting <\/a>company.<\/p>\n\n\n\n

The 36-month contract involved a monumental transfer of R$370 million<\/strong>, in addition to the R$20 million allocated to the termination fine with PixBet<\/strong>.<\/p>\n\n\n\n

VaideBet’s million-dollar contract did not go through Compliance<\/h2>\n\n\n\n

This significant agreement, the largest in the history of Brazilian football<\/strong>, did not go unnoticed, generating varied reactions, including suspicions and questions.<\/p>\n\n\n\n

Thus, even the president of Palmeiras and Crefisa, Leila Pereira<\/strong>, expressed caution in relation to the Corinthian partnership, emphasizing the importance of transparency in million-dollar contracts.<\/p>\n\n\n\n

His words raised questions about VaideBet<\/strong>‘s credibility and its ability to honor the commitment made to Corinthians<\/a>.<\/p>\n\n\n\n

According to Gazeta Esportiva, the contract did not go through the compliance system implemented at the club in the second half of 2021, fueling distrust.\r\n<\/p>\n\n\n\n

In this way, the Integrity Program, led by Her\u00f3i Vicente and Adriano Monteiro Alves<\/strong>, aimed to guarantee transparency in contracts.<\/p>\n\n\n\n

However, the news that the VaideBet contract escaped this scrutiny has cast doubt on the effectiveness of the program.<\/p>\n\n\n\n

It is worth mentioning that, since its implementation, 411 contracts have been subjected to risk analysis<\/strong> and assessment.<\/p>\n\n\n\n

Thus, the current administration, under the leadership of Augusto Melo, ensured that Corinthians’ legal department submitted the VaideBet contract to the compliance process.<\/p>\n\n\n\n

\u201cThe contract went through the compliance process carried out by Corinthians’ own legal department”, says the official note from Corinthians.<\/p>\n\n\n\n

President of Corinthians says he trusts his legal team<\/h2>\n\n\n\n

VaideBet, a relatively new company on the market, began operations at the end of 2022, with a declared initial capital of R$300 thousand.<\/p>\n\n\n\n

Based in Cura\u00e7ao, but with investments originating in Campina Grande, Para\u00edba, the company belongs to Jos\u00e9 Andr\u00e9 da Rocha Neto<\/strong>, a businessman with more than 30 companies linked to his name.<\/p>\n\n\n\n

External distrust is also based on the recent experience of Corinthians, which faced default by Taunsa, an agribusiness company, at the end of 2021.<\/p>\n\n\n\n

\u201cTo prove to you the suitability and credibility of the company, R$20 million was deposited on January 6th. And another, on the first day of each month, she deposits R$10 million”, said Augusto Melo<\/strong>, at a press conference to formalize the partnership with VaideBet.<\/p>\n\n\n\n

“For the following month, the same thing, unlike a Taunsa, who signed a contract, paid nothing, knew nothing and was still rejected by the legal department”, he added.<\/p>\n\n\n\n

\"VaideBet
Photo: Meu Tim\u00e3o<\/figcaption><\/figure>\n\n\n\n

The president of Corinthians<\/strong> defended the partnership, highlighting the legal approval and financial commitment of VaideBet. He reinforced confidence in Yun Ki Lee, new legal director<\/strong>, and highlighted that the partnership included immediate payments.<\/p>\n\n\n\n

Amid this whirlwind of information, Corinthians<\/strong> is preparing to compete in another Campeonato Paulista<\/strong>.<\/p>\n\n\n\n

Therefore, it remains to be seen whether the partnership with VaideBet<\/strong> will be a positive watershed or whether it will bring unexpected challenges to the black and white club.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the sports betting scene, Corinthians surprised everyone on January 7th by announcing a historic partnership with VaideBet, an online betting company. The 36-month contract involved a monumental transfer of […]<\/p>\n","protected":false},"author":28,"featured_media":136976,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14873],"tags":[2832,3575,13585,3114,15334],"class_list":["post-136998","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bookmakers","tag-corinthians-en","tag-paulista-championship","tag-paulistao-2024-en","tag-sports-betting-en","tag-vaidebet-en"],"yoast_head":"\nVaideBet does not pass Corinthians Compliance - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"A surprise about Vaidebet's sponsorship of Corinthians! 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