The company claimed the investigation found the allegations to be "baseless."
Online casino games and sports betting operator Blaze has endured months of investigation amid user complaints. The company's platform and social media accounts in Brazil were blocked, and more than 100 million reais in funds were frozen by the judiciary. With the legal proceedings concluded, the company has resumed operations in the country.
On July 16, 2024, Blaze’s legal director Aroldo Soares stated in an interview with the Máquina do Esporte website that these accusations It is unfounded. "The federal police investigation, which concluded in June, has proven that the allegations were unfounded and that Blaze was operating completely lawfully in the country," he said.
"As a global company operating in mature markets around the world, we have adopted strict procedures, protocols and internal rules to Ensuring that we adhere to the highest global standards of quality and compliance, so actually in a country like Brazil that is not yet regulated, we are very confident that we can operate in compliance with the regulatory requirements because we are already very advanced," Soares added.
The executive also said the company intends to obtain a federal license to operate normally in Brazil. “We are ready to cooperate with industry regulation and make responsible gambling the market standard. Blaze is meeting all requirements and deadlines of the Secretary of Prizes and Bets to obtain a local license. We have been operating in Brazil since 2019 and have always complied with regulatory and legislative requirements,” the company’s head of legal concluded.
