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Brazil’s SPA blocks 19,180 URLs linked to illegal betting

Enforcement & compliance

Brazil’s Secretariat of Prizes and Betting (SPA) blocked 19,180 URLs used to offer illegal bets, according to information obtained by Pay4Fun through an access-to-information request. The report also said 483 bank accounts were closed between March and September, while 22 payment firms received SPA notices over potentially irregular accounts.

The actions affect payment channels and online access used by unauthorised betting operations in Brazil.

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Enforcement & compliance

Brazilian decree allows freezing funds linked to illegal betting

Brazilian President Luiz Inácio Lula da Silva signed a decree allowing authorities to freeze funds held by financial institutions that are linked to illegal betting, Finance Minister Dario Durigan said. Banks, fintech companies and payment institutions have 48 hours to freeze funds in accounts associated with unauthorised betting companies, and may be held jointly responsible for related transfers.

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