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Brazil finance minister calls for tighter betting rules and advertising limits

Regulation

Brazilian Finance Minister Dario Durigan advocated stricter regulation of betting companies and tighter limits on their advertising during a 9 June interview. He argued for regulation rather than prohibition, citing the risk that a general ban could push activity into an illicit market. Durigan also called for higher taxation, transparency rules and self-exclusion measures.

Proposed restrictions and tax changes could alter betting operators’ advertising, compliance and market conditions in Brazil.

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