Rising fast: Self-exclusion platform has now passed 600,000 users in Brazil
The Finance Ministry highlights responsible gambling measures as the regulated betting market approaches its second year.
The Finance Ministry highlights responsible gambling measures as the regulated betting market approaches its second year.
Carla Beni estimates online betting redirected BR143bn ($28bn) from retail spending between 2023 and 2026.
New operations are expected to target illicit revenue streams used by criminal groups, including unlicensed betting platforms.
According to the executive, football and betting are increasingly intertwined in Brazil.
Police allege social media promotion of illegal betting platforms was linked to more than BR1.2m in financial activity over six months.
Lawmaker claims betting operators are expanding their influence beyond gambling policy and into Brazil’s political debate.
New workplace data suggests betting and online gaming addiction could be increasingly affecting employee wellbeing and attendance.
Federal prosecutors will examine betting supervision policies and assess the effectiveness of public health measures for gambling addiction.
Brazilian officials highlighted growing demand for treatment services as lawmakers debate stricter controls on online betting.
The Paraíba capital has approved a bill banning betting advertisements across public spaces and municipal events.