Byteplay Labs: Compliance with the New Betting Law
Law No. 14,790, of December 30, 2023, brought a new era for the betting market in Brazil. In this article, we explain how Byteplay Labs operates in full compliance with this legislation, providing innovative technological solutions without engaging in direct betting operations.
The clear distinction between operator and service provider
The new betting legislation establishes that only "operating agents" duly authorized by the Ministry of Finance can commercially exploit fixed-odds betting. However, this does not mean that technology companies cannot operate in the betting ecosystem by offering complementary services.
Byteplay Labs clearly positions itself as a technology company that develops solutions for bettors and influencers, without ever acting as a betting house or game operator. This distinction is fundamental from a legal perspective.
What Byteplay Labs does NOT do
- Does not own a betting platform
- Does not collect money from bettors to form prizes
- Does not intermediate financial transactions between players and operators
- Does not hold authorization from the Ministry of Finance for lottery exploitation, nor does it need to, since it does not exploit betting
- Does not advertise or promote betting houses
What Byteplay Labs effectively does
Our company develops technologies that empower players and content creators to maximize their performance and experience in the betting universe:
- Sports data analysis systems
- Automation tools for bettors to manage their strategies
- CRM solutions for influencers to increase engagement with their audiences
- AI algorithms for pattern identification using anonymized data
All these activities are in full compliance with Law No. 14,790/2023, as we do not configure as a "fixed-odds betting lottery operating company", but as a technology company that operates in parallel and complementary to the betting market.
Data usage and privacy
In addition to following the Betting Law, Byteplay Labs is committed to the protection of personal data and privacy. We only use anonymized data in our AI algorithms, ensuring compliance with the General Data Protection Law (LGPD).
Conclusion
Byteplay Labs represents a new business model in the betting ecosystem: we are a technology company that innovates with solutions for end users (bettors and influencers), without acting as a betting operator. Our legal compliance is total, as we respect the limits and definitions of Law No. 14,790/2023, keeping our activities in the field of support technology and information, never in the direct exploitation of gambling.
For more information about our business model and solutions, please contact our team or consult our complete legal opinion.