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Brazilian Finance Ministry orders suspension of betting ads breaching rules

Enforcement & compliance

Brazil’s Finance Ministry said it asked two media outlets and four betting operators to explain advertising that may have breached regulations. The ministry said authorities also ordered immediate suspension of any adverts found to violate current rules, as politicians called for tighter controls and the government prepared further measures.

Operators and media groups face requests for explanations and possible immediate ad suspensions under Brazil’s current rules.

Earlier fines and penalties by SPA

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Enforcement & compliance

Brazil’s Finance Ministry fines Pixbet R$814,567.44

Brazil’s Finance Ministry fined Pixbet Soluções Tecnológicas Ltda. R$814,567.44, according to a published citation notice. The penalty was issued by the Secretariat of Prizes and Betting’s Sanctions Action Subsecretariat after the company could not be located at its registered address. Pixbet has 10 days from publication to pay or appeal; otherwise, the debt may be registered for collection.

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