Brazil requests suspension of more than 10,000 betting websites
Brazil’s federal government asked Anatel to suspend more than 10,000 betting websites following the fixed-odds betting prohibition, according to the report. The government said user balances on platforms fell from about R$2.1bn on 26 September to R$1.453bn, while bettors were given until 23:59 on 5 October to withdraw funds voluntarily. Betting company websites and apps were due to go offline from 6 October, with banks scheduled to process refunds from 9 to 14 October.
Operators and account holders face website closures, withdrawal deadlines and government action against platforms operating after the prohibition.