By SectorWire desk · · Updated
A study by the National Association of Games and Lotteries warns that banning licensed online casinos could double Brazil's illegal market on 23 September. The study anticipates greater participation by clandestine platforms if authorised websites are absent.
Brazilian regulators face a study warning that banning licensed online casinos could double the illegal market.
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The campaign brings industry bodies and football clubs into opposition to the betting prohibition.
The growth in illegal sites increases exposure to betting platforms for children and adolescents in Brazil, according to the ANJL president.
The research addresses how Brazil’s betting rules and the challenge to the federal measure could affect operators and the regulated market.
The reported increase points to greater illegal betting activity facing Brazil’s regulated operators.
The betting halt has caused regulated-sector job losses, leaving affected workers uncertain about finances and future employment.
ANJL and IBJR are seeking Supreme Court intervention to suspend Brazil’s betting ban.