A regulated market has no black box.
In the past week, the Brazilian market and society have been gripped by heated debates regarding the alleged "secrecy" imposed on information and documents from betting companies. As CFO and Legal Director of Lindau Gaming Brazil, with over two decades of legal experience, I feel obligated to speak publicly to reestablish the truth and definitively separate the wheat from the chaff.
It must be absolutely clear: for regulated and reputable operations, there is no "black box." The noise generated by isolated administrative decisions or by companies attempting to operate outside the law cannot tarnish the image of a sector that has fought hard for regulation.
Recent data from the Brazilian Federal Audit Court (TCU) indicates that a significant portion of the market still attempts to operate clandestinely. For these companies, obscurity is a refuge. For us, the light of regulation is our greatest operational guarantee. Betting houses that have obtained their license in Brazil operate under a regime of total and unrestricted transparency.
There is no room for amateurism or concealment of data.
Our operations, financial flows, and corporate structures are subject to relentless scrutiny. We are subject to rigorous and constant audits by the strictest bodies of the Brazilian State, including the TCU (Federal Court of Accounts), the Central Bank, the Federal Revenue Service, and the Council for the Control of Financial Activities (Coaf).
Lindau Gaming Brazil supports and demands this oversight. We are not afraid of audits; we treat them as a fundamental pillar of our governance.
We believe that access to information and accountability are non-negotiable obligations for any company that wishes to operate in the national market, stimulate the economy, and legitimately generate jobs.
Secrecy doesn't protect the market; it protects irregularity.
The regulation was introduced precisely to protect society and bettors, ensuring that only companies with financial stability, robust compliance, and legal responsibility can operate.
Lindau Gaming Brasil reaffirms its commitment to legality. We will always have our doors open to regulatory bodies, because those who act with integrity and respect for Brazilian laws have nothing to hide.
Transparency is not just a regulatory requirement; it's our trademark.
(*) Luciano Casalli, CFO and Legal Director of Lindau Gaming Brasil SA
