SectorWire
SearchRegister
MenuClose

Brazil requires betting operators to block Novo Desenrola beneficiaries

Regulation

Brazil's Finance Ministry issued Instruction Normative SPA/MF No. 3, requiring fixed-odds betting operators to prevent Novo Desenrola Brasil beneficiaries from registering or using their platforms. Operators have ten days to implement checks through SIGAP, with further rules for account suspension, user notification and return of funds.

Operators must implement eligibility checks and account restrictions within the stated ten-day period.

Request a correction

Flag an issue

Keep reading