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Brazil requires 12-month betting-platform blocks for debt renegotiation beneficiaries

Regulation

Brazil’s federal government established the Novo Desenrola Brasil programme through Provisional Measure 1,355, published in an extra edition of the Official Gazette on 4 May. Under the measure, people renegotiating eligible debts must agree to a 12-month block from fixed-odds betting platforms, with the Finance Ministry to set technical procedures for operators.

Licensed operators will need to prevent affected beneficiaries from registering or using their platforms during the restriction period.

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Regulation

Brazil blocks social programme beneficiaries from licensed betting accounts

Brazil's SPA said beneficiaries of specified social, debt renegotiation and student financing programmes cannot open or retain licensed betting accounts following a Supreme Federal Court decision. Operators must check eligibility at registration and each user's first daily login. They must close existing accounts within three days of identifying a restriction and return the full balance.

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