Brazil blocks social programme beneficiaries from licensed betting accounts
By SectorWire desk ·
Summary
Brazil's SPA said beneficiaries of specified social, debt renegotiation and student financing programmes cannot open or retain licensed betting accounts following a Supreme Federal Court decision. Operators must check eligibility at registration and each user's first daily login. They must close existing accounts within three days of identifying a restriction and return the full balance.
Why it matters
Operators must check eligibility at registration and first daily login, close restricted accounts within three days and return full balances.