SectorWire
SearchRegister
MenuClose

Brazil SPA bars debt-programme beneficiaries from betting for six months

Regulation

Brazil’s Secretariat of Prizes and Betting issued rules barring beneficiaries of the Desenrola Adimplentes debt programme from opening or keeping accounts with authorised fixed-odds betting platforms. The restriction lasts six months from the start of the debt agreement; operators must check users through SIGAP and block existing customers’ bets before suspending their accounts within three days.

Operators must update registration, login and account-handling procedures to comply with the six-month restriction.

Request a correction

Flag an issue

Keep reading