Feed / Enforcement & compliance
By SectorWire desk ·
The finance ministry provisionally suspended Pixbet and cancelled outstanding bets. The order freezes three domains, requires refunds and provides a daily penalty for non-compliance after the federal police’s Arena operation.
The provisional order halts operations and requires customer funds to be returned.
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The suit seeks healthcare cost reimbursement and collective moral damages from betting companies representing around 80% of the market.
The blocking order restricts access to three PixBet platforms across Brazil.
Pixbet faces nationwide suspension, a R$4.7m fine and technical examination of its systems over inadequate safeguards for minors.
Suspended betting websites must allow withdrawals, while failure to comply with suspension orders can trigger daily fines of R$200,000.
Pixbet faces a reported suspension alongside accusations of laundering money using deceased people’s tax identification numbers.
Pixbet must halt operations, cancel outstanding bets and refund stakes until SPA verifies compliance, with daily fines for breaches.