In a significant move towards promoting responsible gambling, LeoVegas, a leading Swedish iGaming company, has joined the Brazilian Institute of Responsible Gaming (IBJR). With Brazil’s market expected to be regulated later this year, LeoVegas aims to collaborate with the IBJR and other industry operators to establish a fair and sustainable gambling market in the country. This article explores LeoVegas’ membership in the IBJR and highlights its commitment to responsible gaming as it continues its operations in Brazil.
LeoVegas’ Presence in Brazil and Membership in IBJR
Having entered the Brazilian market in 2019, LeoVegas has made significant strides in establishing itself as a trusted iGaming brand in the country. As part of its dedication to responsible gambling practices, LeoVegas has joined the Brazilian Institute of Responsible Gaming. This institute includes reputable operators such as bet365, Betsson Group, Betway Group, Entain, Flutter, Okto Group, Netbet Group, Rei do Pitaco, and Yolo Group. Together, these operators aim to foster a regulated and sustainable gambling environment in Brazil.
LeoVegas’ Expansions and Recent Achievements
LeoVegas’ commitment to growth and responsible gaming is evident through its recent expansions and accolades. The company has expanded its presence by launching its Expekt brand in Denmark and obtaining three new five-year B2B licenses in Sweden. These endeavors demonstrate LeoVegas’ focus on expanding into new markets while complying with regulatory requirements.
Furthermore, LeoVegas has consistently excelled in the online casino industry. In February 2023, the company earned the prestigious “Online Casino of the Year” Award at the Global Gaming Awards London for the sixth consecutive year. This recognition highlights LeoVegas’ commitment to providing a top-notch online casino experience to its players while maintaining responsible gaming practices.
Collaboration with the Brazilian Institute of Responsible Gaming
LeoVegas’ decision to join the Brazilian Institute of Responsible Gaming signifies its dedication to fostering responsible gambling practices and supporting the establishment of a regulated and fair gambling market in Brazil. By becoming a member of the IBJR, LeoVegas aligns itself with industry leaders who possess international expertise in regulated markets. The company shares the IBJR’s mission of collaborating with society to prioritize sporting integrity, player safety, and responsible gambling.
Statements from the Representatives
André Gelfi, CEO of the IBJR, expressed his satisfaction with the addition of LeoVegas to the institute. He emphasized that LeoVegas is a reputable company in the betting sector and brings valuable international expertise to the table. Gelfi commended LeoVegas for sharing the IBJR’s vision and commitment to collaborating with society to create a regulated, fair, and sustainable gambling market that prioritizes player safety and sporting integrity.
A spokesperson from LeoVegas expressed their delight in joining the Brazilian Institute of Responsible Gaming. They highlighted LeoVegas’ dedication to fostering responsible gaming practices and facilitating constructive discussions on the regulation of the iGaming industry. As a proud member of the IBJR, LeoVegas is eager to contribute to these important discussions, reflecting their continued commitment to promoting responsible gaming.
Conclusion
LeoVegas’ decision to join the Brazilian Institute of Responsible Gaming demonstrates the company’s commitment to responsible gambling practices as it continues its operations in Brazil. By collaborating with the IBJR and other reputable operators, LeoVegas aims to contribute to the establishment of a regulated, fair, and sustainable gambling market in the country. As LeoVegas expands its presence globally, it remains dedicated to providing an exceptional online casino experience while prioritizing responsible gaming.
FAQs
When did LeoVegas enter the Brazilian market?
LeoVegas began operating in Brazil in 2019, establishing itself as a trusted iGaming brand in the country.
Who are the other members of the Brazilian Institute of Responsible Gaming?
The Brazilian Institute of Responsible Gaming includes operators such as bet365, Betsson Group, Betway Group, Entain, Flutter, Okto Group, Netbet Group, Rei do Pitaco, and Yolo Group. These reputable industry players have joined forces to promote a fair and sustainable gambling market in Brazil.
What recent expansions has LeoVegas undertaken?
LeoVegas has expanded its operations by launching the Expekt brand in Denmark. Additionally, the company has obtained three new five-year B2B licenses in Sweden, allowing for further growth and compliance with regulatory requirements.
What recognition has LeoVegas received in the online casino industry?
LeoVegas has been awarded the prestigious “Online Casino of the Year” title at the Global Gaming Awards London for six consecutive years. This recognition reflects LeoVegas’ commitment to delivering an outstanding online casino experience while upholding responsible gaming practices.
How does LeoVegas contribute to responsible gaming through its membership in the Brazilian Institute of Responsible Gaming?
As a member of the Brazilian Institute of Responsible Gaming, LeoVegas collaborates with other industry leaders to promote responsible gambling practices and work towards a regulated and fair gambling market in Brazil. By participating in constructive discussions and sharing expertise, LeoVegas contributes to the development of a safe and sustainable gambling environment.