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Caixa awards six lottery operating permissions in Brazil

Tenders & awards

Caixa Econômica Federal established six contracts for lottery operations in municipalities across Brazil, according to a report. The agreements run for 20 years; stated permission fees include R$ 62,000 for Japeri and R$ 561,000 for Alvinópolis.

The permissions create six long-term operating opportunities for lottery businesses in Brazil.

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Regulation

Brazil’s SPA warns consumers against paying fees to recover betting balances

Brazil’s Secretariat of Prizes and Betting said consumers should not pay fees or share personal or banking details in response to messages seeking payment to release betting balances. The SPA said it had received no report about the specific fraud but confirmed that Caixa Econômica Federal would handle refunds and that payment methods used by fraudsters were under investigation.

Brazil's Secretariat of Prizes and Betting (SPA) has told consumers not to pay fees or provide personal or banking details in response to messages demanding payment to release betting balances, the regulator said. The SPA said it had not received reports about the specific fraud, but reiterated that no fee is foreseen for the return of funds to bettors. The return of remaining balances will be handled exclusively by Caixa Econômica Federal, according to the secretariat.

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