Brazilian government's new crackdown on illegal gambling: 9 accounts reported, 32 frozen, involved platforms may face hefty fines.
To strengthen the supervision of illegal gambling activities, the Lottery and Gambling Bureau (SPA) under the Ministry of Finance of Brazil recently announced that it has officially launched a mandatory reporting mechanism for banks and financial institutions, requiring them to report suspicious tra
The Central Bank of Brazil reveals: After legalization, the gambling industry is "devouring" Brazilians' wallets and credit ratings.
The gambling industry is rapidly "devouring" the wallets of Brazilians. According to the latest disclosure by the Central Bank of Brazil, the total monthly betting amount of Brazilians on gambling games has reached a scale of 30 billion Brazilian reais.Meanwhile, banks have started to regard gamblin
35% of Brazilian university students drop out due to online gambling! Exploring Brazil's hidden online gambling epidemic!
Brazilian Gambling Legalization: An Economic Opportunity or a Social Challenge?
The CEO of the Brazilian Responsible Gambling Association IBJR warns that illegal operators occupy 60% of the gambling market.
The co-founder and CEO of the Brazilian Responsible Gambling Association (IBJR), André Gelfi, warns that the illegal market still accounts for about 60% of Brazil's monthly gambling total revenue (GGR).Brazil launched its regulated online gambling market on January 1, ending years of regulatory dela
Global gambling giants eyeing Brazil? How do new regulations change the game rules?
Ultimate Game: Will Brazil Become the Next Major Country to Legalize Land-Based Gambling by 2025?
At the beginning of this year, Brazil finally entered a new era of gambling regulation, and the online gambling market was launched with great fanfare. However, the legalization of physical casinos still faces significant controversy, although recent political and mindset changes indicate that momen
A video takes you through the data statistics of the Brazilian gambling market!
The head of the Brazilian gambling industry CPI calls for further legislation to restrict online gambling access.
The Brazilian Parliamentary Gambling Investigation Committee (CPI) rapporteur, Senator Soraya Thronicke, urges political figures to support a new bill that restricts consumer access to online gambling.Thronicke expressed her concerns at the gambling industry CPI meeting, which was established in Nov
Brazil's Ministry of Finance takes action to regulate illegal gambling, financial institutions must report suspicious accounts within 24 hours.
According to Brazilian media, the Brazilian Ministry of Finance has issued new regulations, prohibiting financial institutions and payment platforms from providing account services to unauthorized fixed-odds betting companies, to strengthen the regulation of the industry and combat illegal operators
The gambling industry in Brazil has been legalized. Learn about the development history of the Brazilian gambling industry.
The legalization of the gambling industry in Brazil in recent years has triggered many new legal issues. Gambling, as an industry completely banned in mainland China, may have a completely different market environment and development prospects under different political, historical, and legal backgro
Although the market is legalized, the Brazilian Sports Commission will discuss a bill to ban gambling advertisements.
The Sports Committee (CEsp) will discuss a bill that prohibits advertising for fixed-odds betting in Brazil.The bill, drafted by Senator Stevenson Valente, will amend Article 33 of Law No. 13,756/2018, which proposes the regulation of fixed-odds sports betting in Brazil. Article 33 will prohibit gam
Brazil's latest policy! Licensed gambling operators to establish anti-money laundering policies!
The Brazilian government takes action! The addiction to sports betting triggers a severe crackdown!
