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Brazil decree enables freezes of accounts linked to illegal betting

Enforcement & compliance

Brazil’s Decree No. 13,033, signed by President Luiz Inácio Lula da Silva on 19 June, establishes a process to freeze accounts held by unauthorised fixed-odds betting operators. The SPA may initiate restrictions, with banks and payment providers required to act within 24 hours; forfeiture requires an administrative process and court action, and amounts owed to bettors are protected.

Payment firms and banks face new duties to block transactions linked to unauthorised betting operators.

Earlier fines and penalties by SPA and Secretariat of Prizes and Betting

DateCompanyAmountStoryAppeal status
Not namedBRL 50,000,000,000Brazil launches investigation into 37 illegal betting companies over R$50bnNot stated
Not namedNot statedMPRN launches Conto da Sorte probe into illegal betting across three Brazilian statesNot stated
Not namedNot statedBrazil orders financial institutions to block illegal betting transactions within 24 hoursNot stated
SpribeNot statedMP-DF opens civil inquiry into Spribe’s supply of Aviator in BrazilNot stated

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Enforcement & compliance

Brazil finance ministry prepares asset freezes for illegal betting operators

Brazil’s Ministry of Finance is expanding enforcement against illegal betting, including automated website blocking and planned measures to freeze operators’ assets. Ministry official Carlos Renato Resende told a Chamber of Deputies hearing that more than 60 illegal betting websites had been blocked and that blocking had been automated since October. The ministry is also working on rules concerning financial flows linked to unauthorized gambling, with publication expected this month.

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