Brazil sets out financial-blocking measures targeting unlicensed betting operators
Brazil’s Finance Ministry issued rules for blocking financial transactions by unlicensed companies and procedures to block irregular operators’ accounts, with information potentially referred for investigation and asset seizure. A report citing industry expert Félix Elmada estimated that starting an illegal betting site can cost less than R$1,000, including script, gaming API, domain and monthly hosting expenses.
The measures affect payment access for unlicensed operators, while the low estimated setup cost illustrates an enforcement challenge.