The government of Brazil has elected Giovanni Rocco Neto to serve as the first National Secretary of Sports Betting for the Economic Development of Sport.
Neto will take charge of the newly created role to ‘coordinate and supervise the economic development of Brazilian sports’, benefiting from the launch of the Bets market—the federal framework that will regulate online betting and gaming in Brazil in 2025.
The government’s gazette noted that Neto had served as a counsellor of the Ministry of Sport, where he led the Committee of Integrity, Rights and Duties in Betting and Gaming. The Committee provided the Ministry of Sport with feedback on integrity protections and safeguards to finalise the modalities of the Bets market.
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