Brazil finance ministry and states begin work on national betting system
Brazil’s Finance Ministry Secretariat of Prizes and Betting and representatives from the Federal District and 16 states held the first two meetings of a working group to create the National Betting System. The group discussed authorisation, oversight, sanctions, responsible-gambling policies and anti-money-laundering measures; members will decide which policies would be required for participation.
The group is considering common standards for state betting authorisations, oversight and consumer-protection policies.