startup
On Wednesday (13th), the House of Representatives approved the following bill: sports betting online. The regulation provides for a fixed interest rate and revenues for next year are estimated at R$1.6 billion, according to federal government projections.
Initially, the item was to be dealt with by interim measure (MP), but Chamber of Commerce and Industry President Arthur Lira (PP-AL) agreed to convert the document into a bill.
a sports betting management sports department and Ministry of Finance, is responsible for collecting games. José Francisco Mansour, a lawyer from Minister Fernando Haddad’s team who worked on the preparation of the theme, will be the theme’s executive director.
Sports bet payments and collections
According to BNL data, there are currently 25 million Brazilians bet Every week. In the world ranking of traffic for these sites, Brazil accounted for her 22.78% of hits. This demand has fueled the search for more efficient payment methods. This is explained by Cristiano Maschio, CEO of coretech Qesh, who emphasizes that new technologies are the basis for further streamlining the processes involved. sports betting and your payment.
“Technology facilitates everyday payments and provides a more effective and economical alternative to traditional methods,” said the CEO. Among these measures, Cristiano cites Pix as a “democratization tool and facilitator of financial digitalization in Brazil.”
The tax burden of sports betting winnings This is a new way for the government to generate revenue, which will be allocated to important areas such as health, education and infrastructure.
“Furthermore, including rules around betting advertising is a very important step in promoting responsible gambling. Encouraging clear limits and conscious gaming messages will create a safer environment for consumers. This minimizes the risks associated with addiction and makes gambling a form of leisure rather than a means to gain wealth,” Maschio claims.
Qesh: From fintech to coretech
Qesh is a digital infrastructure core technology for clearing, payments, and credit provision for businesses that has been approved by central banks to issue electronic money, initiate payment transfers (ITPs), and issue prepaid cards.
The startup is fintech Digital Banking Initiatives in the Visa Startup Acceleration Program. The expansion and control of the creation process has moved Qesh from the fintech realm to the coretech classification, a company with the necessary technological infrastructure to operate its services efficiently.
Additionally, Qesh uses Amazon Web Services (AWS) infrastructure. Among the benefits of the system, Machio highlights:
Does PL make betting more entertaining than enriching?
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