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Brazil police operation targets illegal betting network, with R$951.1m blocked

Enforcement & compliance

Brazil's Federal Police launched Operation Slots on 15 July to investigate a suspected group accused of using illegal betting platforms to launder drug-trafficking proceeds. A court ordered asset and funds blocking of up to R$951.1 million; police are executing 14 search warrants and two temporary arrest warrants. The Finance Ministry said the businesses identified as part of the scheme have had their activities suspended.

The investigation targets illegal betting platforms and suspends businesses suspected of facilitating money laundering.

Earlier fines and penalties by SPA

DateCompanyAmountStoryAppeal status
Not namedNot statedBrazil’s finance ministry notifies 37 fintechs over illegal betting transactionsNot stated
Not namedNot statedBrazil notifies 37 fintechs over payments linked to illegal betting operatorsNot stated
Not namedBRL 101,990,000Paraíba authorities secure R$101.99m in assets in illegal betting operationNot stated
SPRIBENot statedBrazil investigation into Aviator exposes disputes over selective game enforcementNot stated
bet365, BetnacionalBRL 2,000,000,000Brazil’s SPA investigates bet365, Betnacional and KTO over World Cup advertisingNot stated

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Enforcement & compliance

Brazilian Federal Police investigate alleged illegal betting network across five states

Brazil’s Federal Police launched Operation Binary Options on 16 December in 11 municipalities across five states, investigating an alleged criminal network linked to illegal betting platforms. The police said the group may have generated more than R$50 million over two years; Dayanne Bezerra is among those under investigation, and four people face precautionary measures.

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