Camilo Santana proposes R$80 monthly betting deposit cap in Brazil
By SectorWire desk ·
Summary
Senator Camilo Santana has introduced a bill proposing a R$80 monthly betting deposit limit in Brazil. The cap would cover deposits across authorised operators, excluding winnings and refunds. Bettors could request a higher limit equivalent to 5% of verified monthly income, while operators would have to return deposits exceeding the permitted amount.
Why it matters
Operators would need to enforce deposit limits across authorised companies and return deposits exceeding each bettor’s permitted amount.