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Guilherme Boulos calls for betting ban in Brazil

Regulation

Brazilian minister Guilherme Boulos said on 12 May that betting should be banned, arguing that existing regulation had not resolved the problem and alleging that some operators were involved in money laundering. He criticised the sector’s tax rate, while Finance executive secretary Rogério Ceron defended a one-year betting restriction for participants in the Desenrola debt programme; government leaders were still debating an official position.

A proposed ban or restrictions on indebted consumers could change Brazilian operators’ access to customers.

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