Brazil’s Finance Ministry plans mandatory loss warnings in betting adverts
Brazil’s Finance Minister Dario Durigan said the Finance Ministry plans to require warnings about health risks and financial losses after sports betting adverts. The ministry is considering the legal format, with the requirement intended to take effect before the World Cup knockout phase; CazéTV said it had not been told about the investigation into its broadcasts and that its commercial activity follows Brazilian rules.
A new warning requirement would change the compliance conditions for sports betting advertising in Brazil.