Most Brazilians want regulation of bets, according to a survey commissioned by Febraban (Brazilian Federation of Banks) and CNF (National Confederation of Financial Institutions). The results of the poll published by Folha indicate that 6 out of 10 people want the federal government to intervene strongly in regulation and supervision, while 19% of respondents advocate for moderate intervention.
For the survey, Ipespe (Institute of Social, Political, and Economic Research) interviewed 2,000 adults from all regions of the country through telephone interviews and an online supplement.
The survey, conducted between October 15 and 23, has a margin of error of 2.2 percentage points more or less, with a confidence interval of 95.45%.
The survey indicates that 40% of respondents stated that they gamble or have someone in their household who bets. Another 21% claim to have stopped gambling.
Among those who gamble, 24% say they bet every day; 18% once a week; 21% two or three times and 12% between four and six times a week.
Among them, 52% indicate they spend between R$ 30 to R$ 500 monthly. The earnings from betting are limited. The survey points out that 52% admit they lose more than they win (44%) or lose (8%).
The offering of bets has been free in Brazil since the end of 2018, but since then it has been without rules and supervision. Last year, the regulation process was initiated by the Lula government.
Only sites that have filed a request with the Ministry of Finance to operate legally can currently function in the country. But the shift to a fully legalized and regulated market begins in January 2025.
Source: Folha
