Brazil finance ministry convenes states to coordinate betting oversight
Brazil’s Secretariat of Prizes and Bets convened representatives from the Federal District and 16 states on 10 July to develop common oversight for fixed-odds betting and lotteries, as part of work towards the National Betting System. The group discussed licensing, compliance, penalties, responsible gambling and anti-money-laundering requirements; future meetings are to address player-protection systems and self-exclusion criteria.
Common licensing and compliance requirements could affect betting operators across participating Brazilian jurisdictions.