Brazil decree allows asset freezes against unauthorised betting platforms
Brazilian President Luiz Inácio Lula da Silva signed a decree allowing authorities to freeze assets held by companies operating unauthorised online betting platforms, the report said. The finance ministry also said financial institutions that continue processing payments after warnings can be held responsible for the operators’ unpaid taxes; advertisers are covered by the measures as well.
Brazil’s measures expose payment processors and advertisers serving unauthorised betting platforms to potential liability.