Rio gets ahead as Brazil weighs new betting restrictions
Rio de Janeiro has approved its first law targeting gambling-related harm in schools, as policymakers across Brazil continue to debate restrictions on betting advertising.
Rio de Janeiro has approved its first law targeting gambling-related harm in schools, as policymakers across Brazil continue to debate restrictions on betting advertising.
The two institutions have launched educational guides aimed at helping workers and students understand the financial, emotional and social risks associated with online betting.
Federal prosecutors are investigating whether authorities adequately regulated and enforced betting advertising rules during the World Cup.
While licensed operators navigate regulation, taxes and growing scrutiny, illegal betting sites can be launched for less than the price of a smartphone, exposing the challenge facing Brazil’s regulated market.
Brazil’s Finance Ministry is investigating Esportes da Sorte for a World Cup advert aired on SBT.
A survey found betting-related scams dominate football fraud in Brazil, with fake betting tips emerging as the most common tactic.
Marco Tulio Oliveira says he was asked to move his investments from a major Brazilian financial institution after becoming CEO of the regulated operator.
The Real Madrid forward says he rejected a multi-million-real partnership with a betting operator because of the influence he has on younger supporters.
Senate President Davi Alcolumbre will ask Chamber of Deputies President Hugo Motta to move forward with legislation restricting betting advertising.
The measure now moves to Brazil’s Chamber of Deputies and Senate plenaries as lawmakers continue reshaping how betting tax proceeds are distributed.