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At least four platforms remain accessible after the country’s betting ban took effect, while authorities have blocked 10,000 illegal websites.
The Justice Ministry says loot boxes expose minors to risks similar to online betting, which Brazil has banned, and wants six 18+ games checked for age verification.
The proposed legislation would establish multidisciplinary care, family support and professional training for people experiencing compulsive gambling and gaming, pending the state Governor’s decision.
The regulatory expert, a previous CLO and director at Entain, Pinnacle, Playnetic and more, says he advised caution about entering Brazil. But he remains optimistic about the country’s long-term betting future.
The broadcaster reportedly terminated its transmission deal after losing a betting sponsor.
Cases involving unpaid winnings, frozen accounts and disputed betting terms have climbed sharply as Brazil’s gambling sector faces mounting legal and regulatory pressure.
Executives at the cash-and-carry grocery chain told analysts that tighter betting restrictions may be easing pressure on household budgets.
A report estimates that main sponsorship deals with betting brands covered 28.2% of player wages at the 14 Série A clubs they sponsored.
Online gaming growth supported the quarter despite weaker sports results.
Fellipe Fraga addressed the ‘uncertainty’ caused by Brazil’s ban on online gaming and fixed-odds sports betting, claiming ‘dozens of families have been affected by the stroke of a pen.’
