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Brazil finance minister favours tighter betting rules over a general ban

Regulation

Brazil’s Finance Minister Dario Durigan said the government intends to tighten administrative rules for online betting rather than impose a general ban. He cited higher taxes and stricter advertising limits as possible measures, and said the ministry had asked the CGU to help publish completed licensing-process records while protecting personal banking details.

Potential tax and advertising restrictions could affect licensed operators’ costs and marketing activity in Brazil.

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