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"Brazil"

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Brazil's betting blackout spreads past .bet.br as blocked sites top 20,000
Regulation

Brazil's betting blackout spreads past .bet.br as blocked sites top 20,000

Brazil's redirect campaign against unlicensed betting sites has moved beyond .bet.br addresses to .com domains, with over 20,000 digital resources identified and names like Betano, bet365, and Stake now on the list.

Brazil will seize operator funds through a 24-hour bank freeze, then route them to a public security fund
Regulation

Brazil will seize operator funds through a 24-hour bank freeze, then route them to a public security fund

Brazil's Finance Ministry can now order a 24-hour account freeze on operators still running after the betting ban, with forfeited funds going to a public security fund.

Brazilian prosecutors investigate influencers over disguised illegal betting ads
Regulation

Brazilian prosecutors investigate influencers over disguised illegal betting ads

Brazilian prosecutors are investigating three reality TV influencers for disguising illegal betting links as word games on Instagram.

Brazil makes its anti-iGaming police task force permanent
Regulation

Brazil makes its anti-iGaming police task force permanent

Lula approved permanent Federal Police divisions against illegal iGaming and match-fixing, including new crypto crime and asset recovery units.

Brazilian operators sue to block the iGaming ban before licenses expire
Regulation

Brazilian operators sue to block the iGaming ban before licenses expire

Two Brazilian trade groups filed suits at the Supreme Court seeking to block Lula's iGaming ban before licenses worth $480 million expire on October 25.

Brazil tightens rules forcing banks to freeze illegal iGaming funds
Regulation

Brazil tightens rules forcing banks to freeze illegal iGaming funds

Brazil's SPA rolled out new rules requiring banks to detect and freeze funds tied to unlicensed iGaming operators within 24 hours.

Pixbet loses iGaming license after raids in $290 million Brazil laundering probe
Regulation

Pixbet loses iGaming license after raids in $290 million Brazil laundering probe

Brazil's Ministry of Finance suspended Pixbet's license the same day police raided the operator amid a $290 million money-laundering investigation.

77% of Brazilian bettors show signs of using unlicensed iGaming sites
Regulation

77% of Brazilian bettors show signs of using unlicensed iGaming sites

A Locomotiva Institute survey found 77% of Brazilian bettors showed at least one sign of using an unlicensed iGaming platform in the past three months.

Brazil banks close 323 accounts tied to unregulated iGaming platforms
Regulation

Brazil banks close 323 accounts tied to unregulated iGaming platforms

Brazilian banks shut down 323 accounts in Q1 2026 over suspected ties to unregulated iGaming platforms, according to data obtained by Pay4Fun.

Pixbet, one of Brazil's largest iGaming operators, put up for sale after regulatory troubles
Regulation

Pixbet, one of Brazil's largest iGaming operators, put up for sale after regulatory troubles

Pixbet, one of Brazil's largest iGaming operators, is reportedly being shopped to buyers after license suspensions and a court-ordered shutdown over age-verification failures.

Nearly 74% of bets in Brazil are for $10 or less, Paag study finds
Betting

Nearly 74% of bets in Brazil are for $10 or less, Paag study finds

Payments and analytics company Paag found that 74% of bets on Brazil's regulated betting market in Q2 2026 were $10 or less, while bets over $195 made up under 1% of transactions but 20% of total volume.

Share of iGaming platform players in Brazil more than tripled during the 2026 World Cup
Betting

Share of iGaming platform players in Brazil more than tripled during the 2026 World Cup

New Klavi research shows the share of Brazilians topping up licensed bookmaker accounts jumped from 11% to 34.8% during the 2026 FIFA World Cup, with average deposits up nearly 50%.