Brazil Targets Illegal Betting Network With 52 Search Warrants
Operation Azzardo targets suspected betting-related money laundering, with a court authorising asset freezes of up to R$3.483 billion across 184 individuals and companies.
Brazil bans igaming
Regulation, operators, suppliers and markets — reported first, filtered your way.
Brazil
CDA Gaming Wins Temporary Licence Restoration in Brazil
A Brazilian appeals court has temporarily restored CDA Gaming’s authorisation, questioning the abrupt cancellation of a paid licence without reimbursement or compensation.
Brazil Classifies Betting Ban Documents for Five Years
Brazil’s Justice Ministry has restricted access to documents underpinning the country’s betting ban, citing risks to public safety and financial stability.
Flávio Bolsonaro Reportedly Says Congress Will Restore Brazilian Betting
The presidential candidate reportedly told Globo executives that lawmakers had agreed to restore online betting, while the prohibition remains in force ahead of an October 25 licensing deadline.
Brazil iGaming Demand Falls 20.1% After Betting Ban
Blask recorded a sharp one-day surge in search demand after the prohibition was announced, followed by a 20.1% weekly decline as Brazil approaches its October 6 shutdown.
Brazil Gambling Ban Could Cost R$73 Billion in Tax Revenue, IBJR Warns
IBJR and ABRAJOGO say Brazil's betting ban could accelerate migration to illegal operators and create billions in lost tax revenue and licensing-related liabilities.
Brazilian Influencers Criticise Online Gambling Ban
Davi Brito, Luqeta, Yuri Brida and other major Brazilian creators have criticised the restrictions, citing illegal gambling risks and lost sponsorship income.
Brazil Sees 428 New Illegal Betting Sites in Three Days After Ban
Bet Legal says the daily rate of newly detected illegal gambling sites more than doubled after Brazil announced its ban on betting and online casino operations.
Brazil Bans Sports Betting and Online Casino From October 6
A provisional measure signed by President Luiz Inácio Lula da Silva immediately stops new deposits, with licensed betting sites set to close on October 6.
