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Karim Bianchi proposes fines for promoting unlicensed gambling in Chile

Regulation

Independent senator Karim Bianchi has filed a Chilean bill proposing fines for media outlets, influencers and intermediaries that promote unlicensed gambling platforms. Bianchi said the proposal responds to disputes being handled by courts without a specific legal framework; the measure is narrower than the comprehensive online gambling bill introduced in 2023, which stalled in 2024.

The proposal could expose advertising intermediaries to fines and add a new legislative route for regulating offshore gambling promotion.

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Regulation

Brazilian government sets deadline to withdraw betting account balances

Brazil’s government said customers had until 23h59 on 5 October to withdraw money from betting platforms before sites and apps stop operating from 6 October under Provisional Measure No. 1,394/2026. The Finance Ministry reported that R$1.33 billion remained in accounts; banks are scheduled to return unclaimed balances from 9 to 14 October, with unresolved cases transferred to Caixa from 14 October.

Customers with money in Brazilian betting accounts had until 23h59 on 5 October to request a withdrawal, the last day for voluntary redemption before platforms stop operating. From 6 October, sites and apps cease operations under the implementation schedule of Provisional Measure No. 1,394/2026, which prohibited the exploitation, offering, intermediation and advertising of fixed-odds betting in the country.

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