Nearly 4 million Brazilians are now barred from betting
Almost four million Brazilians are currently prohibited from accessing licensed betting platforms, according to new figures released by Brazil’s Ministry of Finance.
Almost four million Brazilians are currently prohibited from accessing licensed betting platforms, according to new figures released by Brazil’s Ministry of Finance.
Brazil’s Public Prosecutor’s Office has filed a civil lawsuit against Blaze and influencer Virginia Fonseca, alleging abusive betting practices.
New regulations ban marketing that presents gambling as investment or easy money, while expanding sanctions against licensed operators that breach advertising rules.
The appointment comes as the supplier expands across regulated markets in the region while its flagship Fortune Tiger game continues to face scrutiny in Brazil.
São Paulo’s Court of Justice has created specialized criminal courts focused on organized crime investigations, including cases involving illegal betting.
The measure now awaits for presidential approval only.
Brazil’s Government has notified 37 fintechs suspected of processing payments for unlicensed betting operators.
The operation involved state and federal gambling enforcement authorities.
Brazil’s Supreme Federal Court will hear a landmark case on 5 August that could determine whether gambling has remained a criminal offence since the country’s 1988 Constitution.
A court in Rio de Janeiro has ordered the suspension of an illegal operation after prosecutors alleged the company fraudulently used Loterj’s identity to appear licensed.