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Brazilian rules bar licensed sportsbooks from betting on entertainment

Regulation

Brazilian rules prohibit licensed sportsbooks from offering markets on entertainment events, including television dramas, reality shows, award ceremonies and elections. The restriction means operators cannot legally take bets on the identity of a character’s killer, while informal pools and non-monetary polls continue.

The restriction defines which event categories licensed betting operators may offer to customers in Brazil.

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Regulation

Brazilian government prepares proposed online gambling ban and sports betting limits

Brazil’s federal government was preparing a provisional measure to prohibit online gambling and restrict sports betting, with the final text still under development, according to a report. The government intended to publish it in the coming days; clubs and betting companies were organising opposition, while the industry estimated the proposal could put about R$1bn in sponsorships at risk if adopted as drafted.

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