AI Summary
Sign in to listen

Fernando Vieira resigns as IBJR Executive President

After 11 months leading the institution, Vieira's exit means André Gelfi will serve as Interim President.

3 min read
Fernando Vieira
Key Points
André Gelfi takes over as interim president while IBJR searches for Vieira's successor
During his tenure, Vieira contributed to Brazil's gambling regulation, the responsible gaming manifesto, and efforts to combat the black market

Fernando Vieira has officially stepped down from his role as Executive President of the Brazilian Institute of Responsible Gaming (IBJR) after an 11-month tenure.

André Gelfi, the organisation's current Director and Advisor, will serve as interim president while the search for Vieira's successor is underway.

During his time at IBJR, Vieira played a key role in guiding the organisation through Brazil's gambling regulation process. He contributed to the development of the association's responsible gaming manifesto, participated in public debates, and supported efforts to combat the country's black market.

Regarding this issue, the IBJR had warned, in August, that illegal sports betting in Brazil generates around BR35bn ($7bn) per year and provides no consumer protection.

Reflecting on his tenure, Vieira said: "It was an honour to lead the IBJR at this historic regulatory milestone. Our fight to consolidate the market for betting operations licensed by the Federal Government and to combat illegal gambling was intense and yielded important achievements. I am proud of the role we played in protecting consumers and strengthening the industry's credibility. I remain confident that the entity will continue to advance this mission."

This announcement follows other developments in the Brazilian gambling sector, including a recent agreement between the national regulator SPA and the National Advertising Self-Regulation Council (Conar) to jointly oversee gambling advertising campaigns.

Despite being one of the world's largest and most promising markets, Brazil continues to navigate challenges as it develops a mature and well-regulated gambling industry.

{QUOTE}} I am proud of the role we played in protecting consumers and strengthening the industry's credibility{{/QUOTE}

Good to know

The IBJR recently highlighted that the expanding illegal betting sector posed the greatest challenge, resulting in significant revenue losses

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
dan new york

The rise and rise of Dan Taylor: What’s next for Flutter’s new CEO?

Taylor's promotion to Flutter Group CEO caps a six-year climb through the operator's International arm. But he inherits the top job at the most difficult possible time...

5 min read • • By Jack Found
Ethical-gaming-lead-image

Special report: The commercial perception and reality of ethical gambling today

In an in-depth report featuring multiple expert contributions, Global Gaming Insider unpicks the past, present and future of ethical gambling, examining what exactly it means to be a responsible actor in the modern gaming industry.

30 min read • • By Will Underwood
india flutter

India's online gaming ban: A forgotten factor behind Peter Jackson's Flutter exit

Dan Taylor's promotion to Group CEO has been framed almost entirely as Flutter's answer to Kalshi and the prediction-markets land grab. Rewind 12 months, however, and a very different story was unfolding – one already forgotten by many.

6 min read • • By Jack Found

In The News

View All
CFTC warning
[ELEVATED IMPORTANCE]

CFTC issues warning to prediction market operators regarding use of American-style odds

The CFTC warned operators about the use of traditional US gambling odds when offering sports-event contracts, such as +100 or -100, amid growing legal scrutiny over prediction markets.

· Legal & Regulatory + 4