SectorWire
SearchGet the daily briefing
Menu

ABC-Bet opposes proposed Brazil betting advertising ban

Regulation

ABC-Bet issued a technical position on Brazil’s proposed Bill 3,563/2024, which would prohibit advertising for fixed-odds betting, the association said. It argued that responsible advertising helps consumers identify authorised operators and learn about safer-gambling tools, and called instead for action against illegal platforms and enforcement of existing rules.

The association’s position adds an industry-group argument to debate over a proposed restriction on betting advertising.

Request a correction

Keep reading

Regulation

Flamengo opposes proposed diversion of Brazilian betting tax revenue from sport

Flamengo has opposed a proposed amendment that would redirect Brazilian betting tax revenue from sport to public security. The club said lawmakers introduced the amendment during consideration of the Security PEC before July’s parliamentary recess. Flamengo supports additional security funding but argues that reallocating betting revenue would reduce resources already committed to sport.

Continue reading