DigiPlus prepares customer withdrawals after Brazil betting prohibition
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.