Brazilian Treasury minister says he would halt betting market
Brazilian Treasury Minister Fernando Haddad said in an interview that he would stop the country’s betting activity if a bill asked whether it should continue. He said he intends to tighten advertising rules and discuss distinctions between sports betting and online casinos, while the Federal Police and Central Bank would be involved in efforts against the illegal market.
Haddad’s stated aims could lead to tighter advertising rules and changes to oversight of betting operators in Brazil.