Brazil’s Betting Regulator Issues Ordinance for Accreditation of Testing Laboratories

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The Ministry of Finance (the “Regulator”) issued the Ordinance MF-SPA/MF No. 300 (hereafter “the Ordinance”), which sets forth guidelines, requirements, and procedures for accreditation of testing laboratories in relation to betting systems, live gaming studios, and online games. Within this framework, testing laboratories recognized by the Regulator will have the authority to issue a Brazil-specific…