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Brazil finance minister cites 6.2 million people excluded from betting

Regulation

Brazilian Finance Minister Dario Durigan said in a 21 August interview that 5 million people were barred from online betting and another 1.2 million had self-excluded, bringing the total to 6.2 million. He supported regulating the sector rather than banning it, saying a prohibition could encourage illegal betting. Durigan also said President Luiz Inácio Lula da Silva would have preferred to end betting.

The figures indicate the scale of current access restrictions for operators in Brazil.

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Regulation

Brazil’s finance minister backs betting regulation amid calls for a ban

Reportedly, Brazil’s finance minister supported regulating betting and strengthening controls. The minister stopped short of backing a gambling ban as calls for prohibition increased.

Dario Durigan, Brazil's finance minister, came out in support of regulating betting and tightening oversight of the industry, though he avoided endorsing a ban on gambling. According to him, public accounts do not rely on betting revenue to stay balanced. The rules, he added, have long been consolidated and were never meant to generate income.

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