Brazilian parliamentary caucus backs illegal betting enforcement amendment
Brazil’s Free Market Parliamentary Front backed amendment No. 154 to bill PL 5.473/2025, introduced by Senator Mecias de Jesus, to target illegal betting, the group said. The proposal would require digital platforms to block notified illegal betting content within 48 hours and require financial institutions to identify and block related transactions, with fines of up to R$2 million per violation. It would also create a compliance index and a monitoring committee.
If adopted, the amendment would impose new advertising, technology and payment controls on providers serving Brazil’s betting market.