Brazilian government requires warnings on sports betting advertisements
Brazil’s federal government brought new rules for sports betting website advertising into force this week, requiring advertisements to display one of three warnings set by the Ministry of Finance. The notices say betting can cause financial loss, may lead to addiction, or is not an investment. The rules were discussed on a Câmara dos Deputados programme alongside differing views on further restrictions.
Sports betting advertisers must update their materials to include one of the government’s prescribed warnings.