Online gaming and sports betting platform Betmotion announced that it has initiated its application for a federal license to operate in the regulated Brazilian market, which the company describes as a significant milestone in the brand’s 16-year history.
The move, Betmotion says, “reinforces the brand’s commitment to complying with local laws that provide a safe and reliable gaming environment.” The ongoing sports betting regulation in Brazil is “hugely important,” and Betmotion notes that it has been involved from the beginning.
Being among the first businesses to apply for the license is a “clear show of Betmotion’s dedication to transparency and strict adherence to the standards established by Brazilian authorities,” the company emphasized.
Luciana Macorin, Head of Legal at Betmotion, said: “This is a crucial moment for our company in Brazil. We are fiercely proud to be part of a select group of companies wanting to operate according to the new guidelines. Our focus has always been on offering a responsible gaming experience in compliance with the law, and obtaining this license is a confirmation of our belief in these values.”
“Betmotion took an important step in its 16-year trajectory in the iGaming market: we started the process to obtain the federal license and operate in a regulated manner in Brazil,” the company in a LinkedIn post stated.
“We are more committed than ever to ensuring a safe, transparent, and trustworthy gaming environment for our players. The regulation of sports betting is a major milestone, and we are proud to be part of this pivotal moment. We will continue to invest to offer the best gaming experience, always in line with Brazilian laws.”
In a press release, Betmotion emphasized its “unwavering focus on investing in measures that ensure compliance with regulations and initiatives that promote responsible gaming.” The company reiterated that its ultimate goal is to provide safe and enjoyable entertainment for all its customers, a mission it takes very seriously.
Original article: https://www.yogonet.com/international/noticias/2024/09/02/77100-betmotion-initiates-federal-license-application-to-operate-in-brazil
