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Brazil republishes Lula’s illegal betting decree after correcting three articles

Regulation

Brazil republished Decree No. 13,033 in the Official Gazette on 23 June after correcting articles 4, 15 and 17. Signed by President Luiz Inácio Lula da Silva on 19 June, the decree sets procedures for blocking accounts of unlicensed fixed-odds betting operators and pursuing asset forfeiture. It also specifies a 10-day appeal period for forfeiture decisions.

The decree sets procedures for account blocking and asset-forfeiture cases involving unlicensed betting operators in Brazil.

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Regulation

Lula proposal would create prison penalties for illegal betting activity

A proposal expected to be announced by Brazilian President Luiz Inácio Lula da Silva on 25 September would create criminal offences covering illegal betting operations and related activity, according to the report. The described penalties include prison terms of up to six years and fines, with provisions covering promotion, bettor recruitment, personal data and payment processing.

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