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Brazil gambling official joins ICE panels on regulation and illegal betting

Regulation

Fabio Macorin, a deputy secretary at Brazil’s Ministry of Finance Secretariat of Prizes and Betting, took part in panels on gambling regulation and illegal betting at ICE Barcelona, according to reports. The article says illegal betting costs Brazil R$10.8bn a year in tax revenue; Macorin is due to join another session on 21 January.

The discussions address enforcement against illegal betting and its reported tax-revenue impact in Brazil.

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