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DigiPlus prepares customer withdrawals after Brazil betting prohibition

Regulation

DigiPlus said on 28 September it expected no material impact on its overall financial or operating position from Brazil’s prohibition on fixed-odds betting. The company said it was prioritising customer withdrawals and the return of player funds; the government’s timetable requires betting sites and apps to go offline from 6 October, with remaining balances due back between 9 and 14 October.

The prohibition and withdrawal timetable affect DigiPlus’s Brazilian customers and the company’s operations in the market.

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