SectorWire
SearchRegister
MenuClose

Brazil finance minister says betting is not the main driver of household debt

Regulation

Brazilian Finance Minister Dario Durigan said fixed-odds betting affects household finances but is not the main cause of family indebtedness. He said the government's Desenrola Brasil 2.0 refinancing programme will block participants from using betting platforms while they renegotiate debts.

The programme's betting restriction creates a compliance requirement for operators serving its participants.

Request a correction

Flag an issue

Keep reading