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Brazil minister says government is weighing betting restrictions

Regulation

Brazilian Minister of Institutional Relations José Guimarães said the government had not settled on a policy for online betting and was discussing possible measures, including stricter regulation or suspension. Separately, participants in the Desenrola Brasil 2.0 debt renegotiation programme will be blocked from betting platforms for one year, the report said.

Operators face uncertainty over possible national restrictions and a one-year betting block for debt-programme participants.

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