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Brazil report alleges illegal betting sites withheld winnings and blocked withdrawals

Enforcement & compliance

Consumers in Brazil alleged that unauthorised online betting platforms withheld winnings and made withdrawals difficult, with one account reportedly blocked after its holder was asked to deposit more money. The allegations include claims that sites used manipulated or demo games and copied the company registration details of authorised operators. The source identifies ACQBET as lacking authorisation from the Ministry of Finance’s Secretariat of Prizes and Bets (SPA-MF).

The allegations concern withdrawal practices and possible misuse of authorised operators’ registration details in Brazil’s betting market.

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Enforcement & compliance

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

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.

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