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Brazil says Anatel is blocking 27 prediction platform websites

Enforcement & compliance

Brazil’s Finance Minister Darío Durigan said Anatel was implementing blocks on 27 websites linked to prediction platforms, which authorities accuse of breaching Law 14.790/2023. Ministry official Daniele Correa Cardoso said government agencies had blocked more than 39,000 illegal websites; the article also reports that CMN rules barring derivatives linked to non-financial events are due to take effect on 4 May.

The reported blocks and derivatives restriction affect prediction-market operators’ ability to offer services in Brazil.

Earlier fines and penalties by Anatel

DateCompanyAmountStoryAppeal status
Not namedNot statedAnatel blocks 28 prediction market platforms in BrazilNot stated
Not namedNot statedBrazilian authorities bar prediction markets and block 28 platformsNot stated

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