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Brazil requires warnings on licensed betting adverts under new rules

Regulation

Brazil’s Ministry of Finance will require licensed betting advertisements to carry official warnings under new rules announced by Finance Minister Dario Durigan, according to the report. The rules restrict urgency claims, the use of winnings to encourage bets and betting promotions by commentators or experts. Operators may face fines of up to 20% of revenue, suspension for up to 180 days or licence revocation for serious repeat offences.

Licensed operators face new advertising requirements and potential financial or operating sanctions for breaches.

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Regulation

Brazil finance ministry plans risk warnings in betting advertisements

Brazil’s Finance Ministry plans to require betting advertisements to include warnings about gambling risks, reportedly through a provisional measure. The reported rule could take effect during the second phase of the World Cup, which began on 28 June. The proposal follows criticism of betting adverts during CazéTV broadcasts; the source reports that Senacon opened an investigation into the channel’s conduct.

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