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Brazilian sports ministry sets rules for sports-betting funds used by sports bodies

Regulation

Brazil’s Ministry of Sport published Ordinance MESP No. 58 to regulate public funds managed by six national sports organisations, including money derived from fixed-odds betting. The rules retain a 25% cap on annual receipts for administrative costs, allow a specified 2026 use of unspent 2025 funds, and require spending transparency.

The rules shape how sports bodies can use betting-derived public funds and require disclosure of their spending.

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Regulation

Omsk police charge man over stolen funds used for online gambling

Omsk police said they charged a 50-year-old man with theft after he allegedly took a friend’s phone, transferred 100,000 roubles from a sports betting wallet and spent the money on online casino bets. Police said the suspect admitted the theft and was remanded in custody. The report also described a separate proposal by Russia’s finance ministry to legalise online casinos and tax licensed operators at 30% annually.

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