São Paulo betting firms to create new industry union

The betting sector in São Paulo is undergoing preparation to formalise its own industry representation.

After operators recently proposed Febrabet, a unified Federation for the national betting sector, Brazil’s official Federal Journal has confirmed that the founding assembly for the Union of Betting Operators and Online Games of the State of São Paulo (Sindibets/SP) will take place by the end of July.

Items on the agenda include the formal creation of the union, approval of its social statute, election of the first executive board, description of the fiscal council and definition of its territorial and legal scope.

Besides that, the Sindibets/SP meeting also aims to approve the union’s official address, category description and funding structure. 

The entire electoral process will follow established legal protocols, including vote tallying, validation of candidates and documentation of white or null votes.

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This initiative follows a wave of regulatory changes in the country and increasing efforts from private companies to establish structured representation at the state and national levels.

Companies must present proof of operation in São Paulo to take part.

Carlos Mendez

Writer

Odds tell a story long before the result does. When bettors learn to read that story properly, betting becomes a matter of discipline and value rather than emotion or guesswork.

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