By SectorWire desk ·
The report said that finance minister Dario Durigan proposed treating betting regulation similarly to tobacco controls. He supported higher operator taxation and access restrictions for vulnerable groups, including welfare recipients.
The proposals would increase operator taxes and restrict access for specified groups.
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The measure may affect access to regulated self-exclusion and remove a funding source for gambling-related prevention and treatment.
Brazil’s finance minister has framed the betting-site ban as comparable to a plebiscite within wider political discussion.
The calculations distinguish betting deposits from operator earnings and compare government receipts with operators’ net profits.
Player repayments after Brazil’s betting shutdown exposed accounts now under investigation for suspected money laundering and organised crime links.
The reported fall puts the prohibition's financial impact on authorised Brazilian betting operators at around R$600m a day.
Operators face potential restrictions on website and app features encouraging excessive play, with scope and timing unspecified.