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Brazil finance ministry sets betting-account procedures for Novo Desenrola exclusions

Regulation

Brazil’s Finance Ministry issued procedures for betting operators implementing Novo Desenrola restrictions, with changes to take effect on 15 May. Operators must apply the most restrictive returned impediment for a CPF, prioritising account closure over temporary suspension; cancelled bets must be processed immediately.

Operators must update their systems and apply the ministry’s account-exclusion rules from 15 May.

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Brazilian Finance Ministry sets new rules for betting advertising

Brazil’s Finance Ministry said it would publish new online betting advertising rules on 10 July, following an announcement by Finance Minister Dario Durigan on 9 July. The rules require warnings that betting can cause losses or dependence and is not an investment, restrict misleading statements by commentators and subject companies to fines of up to 20% of revenue or suspension for 180 days. The ministry said repeat serious breaches could lead to operators losing authorisation.

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