Preveja.com · Real-time prediction markets

G1 · G. Rok ·

Government tightens crackdown on virtual betting with strict sanctions and final withdrawal deadline

Provisional measure bans online bets and casinos, foresees fines of up to 10% of revenue and criminalization, with withdrawals allowed until October 5.

Government tightens crackdown on virtual betting with strict sanctions and final withdrawal deadline

Restriction Package in Force

The federal government issued a provisional measure that immediately bars new deposits on online betting platforms and virtual casinos. Users will have until October 5 to withdraw existing balances, while sites and apps must be deactivated starting the following day.

Responsibility of Digital Platforms

Internet providers, social networks, app stores and operating systems now have the so-called "duty of care". They must block or remove content, ads and services linked to prohibited betting. Those who do not act in a proven manner may be held responsible.

Foreseen Sanctions

Non-compliance may result in:

When there is no revenue, the penalty ranges from R$ 10 to R$ 1,000 per user, limited to R$ 50 million per infraction.

Criminalization under Discussion

In addition to administrative measures, a bill sent to Congress turns the exploitation and disclosure of fixed-odds betting into a crime, with a prison sentence of 4 to 6 years plus a fine. The punishment increases by one third when the target is virtual games, such as the popular "jogo do tigrinho".

Market Reaction

Sector entities, such as the Brazilian Institute of Responsible Gaming and the National Association of Games and Lotteries, warn that a total ban could push bettors to illegal sites without oversight. They claim that 31 million people use regulated platforms and promise to go to court to reverse the decision.

← Blog