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Brazil’s Finance Ministry fines Pixbet R$814,567.44

Enforcement & compliance

Brazil’s Finance Ministry fined Pixbet Soluções Tecnológicas Ltda. R$814,567.44, according to a published citation notice. The penalty was issued by the Secretariat of Prizes and Betting’s Sanctions Action Subsecretariat after the company could not be located at its registered address. Pixbet has 10 days from publication to pay or appeal; otherwise, the debt may be registered for collection.

The notice gives Pixbet a 10-day window to pay or appeal before the debt may proceed to collection.

Earlier fines and penalties by Ministry of Finance

DateCompanyAmountStoryAppeal status
PixbetBRL 200,000Finance ministry suspends Pixbet and orders refundsNot stated
Not namedNot statedBrazil finance ministry pledges continued action against illegal bettingNot stated
Not namedNot statedBrazil finance ministry prepares asset freezes for illegal betting operatorsNot stated
Not namedBRL 11,000,000Brazil’s finance ministry imposes R$11m in betting penaltiesNot stated
PolymarketNot statedCzech finance ministry orders internet providers to block PolymarketNot stated

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