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Brazil’s finance ministry notifies 37 fintechs over illegal betting transactions

Enforcement & compliance

Brazil’s Ministry of Finance notified 37 fintechs whose services were used by unauthorised gambling platforms, according to the report. The government said the institutions processed transactions for about 160 sites; they must stop handling payments for unauthorised platforms by the end of August or may face joint liability and other measures.

Payment providers and betting operators face a compliance deadline that could bring liability and financial restrictions.

Earlier fines and penalties by these regulators

DateCompanyAmountStoryAppeal status
Not namedNot statedBrazil notifies 37 fintechs over payments linked to illegal betting operatorsNot stated
Not namedBRL 101,990,000Paraíba authorities secure R$101.99m in assets in illegal betting operationNot stated
Not namedNot statedBrazilian Federal Police investigate money-laundering network linked to illegal bettingNot stated
Not namedNot statedBrazilian Finance Ministry orders suspension of betting ads breaching rulesNot stated
Not namedNot statedBrazil expands action against irregular betting platforms used by 25.2 millionNot stated

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Regulation

Brazilian Justice Ministry notifies Apple and Google over betting apps

Brazil’s Ministry of Justice notified Apple and Google over betting apps available in their stores that allegedly lacked operating authorisation and age checks. The ministry said a 29 June review found the issues persisted after earlier notices in April 2026; it requested further information on safeguards for users under 18. The notification is not a penalty, and the companies had not responded by publication.

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