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Brazilian lawmakers convene hearing on illegal betting market estimates

Regulation

An external Chamber of Deputies committee in Brazil scheduled a public hearing in Brasília on Tuesday 11 to examine conflicting estimates of the illegal online betting market. The government cited estimates that up to 70% of online sports betting was legal, while industry associations said illegal operators controlled about half the market.

Conflicting estimates at Brazil’s public hearing may shape enforcement and policy responses to illegal online betting.

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