Caixa nears BR1bn in renegotiated debt program
The state-owned bank said BR820m ($162m) in debt has already been renegotiated under the Federal Government’s relaunched program.
The state-owned bank said BR820m ($162m) in debt has already been renegotiated under the Federal Government’s relaunched program.
Federal data warn that unlicensed operators are still attracting Brazilian users through misleading platforms and aggressive marketing.
Brazil’s state-owned lender reported lower quarterly earnings while continuing to postpone its entry into the regulated betting market.
Federal authorities signalled that only Congress has the constitutional authority to regulate betting advertising nationwide.
The proposal would create a national strategy for prevention, treatment and social support for people affected by betting-related harm.
The platform added new Hacksaw Gaming titles as operators continue investing in game variety and player retention strategies.
The institute said the creation of Base Apostas marks a key step in tackling match-fixing, betting fraud and illegal gambling operations.
Operating loss was also improved over the first quarter as net loss was reduced by 55% year-on-year.
The initiative supports educational and social development programs for vulnerable children and teenagers in the Belo Horizonte metropolitan region.
Prosecutors are examining complaints involving account blocks, retained balances and alleged failures in self-exclusion measures.