Brazilian Senate committee approves bill to ban betting advertising
Brazil’s Senate Science and Technology Committee approved a proposal to prohibit betting advertising nationwide and sent it to the Constitution and Justice Committee for review. The proposal covers advertising across media and sports, and sets out penalties including fines from R$5,000 to R$10 million. Industry representatives criticised the measure, saying it could create legal uncertainty and deter investment.
The proposal could restrict licensed operators’ advertising and sponsorships if it advances through the Senate.