Brazilian government weighs betting ban as finance officials warn of R$12bn revenue loss
Brazil’s government is divided over a proposed measure to restrict online betting, with the Secom supporting a full ban and the Finance Ministry warning of a possible R$12 billion revenue loss. A narrower option under discussion would prohibit online casinos and tighten sports-betting advertising rules while retaining club sponsorships; the report says a total ban currently has stronger support.
A ban could affect betting operators and sponsorship arrangements, while the government weighs the reported fiscal impact.