Brazil’s SPA bars welfare beneficiaries from fixed-odds betting
Brazil’s Secretariat of Prizes and Betting issued rules barring Bolsa Família and Continuous Cash Benefit Program beneficiaries from fixed-odds betting. Operators must check users against a government database and block and close matching accounts, returning deposited funds; the Finance Ministry gave them 30 days to implement the system.
Betting operators must update registration checks and account procedures to comply with the new restriction.