Magnho José criticises the sequencing of Brazil’s betting regulation
Instituto Brasileiro Jogo Legal president Magnho José argued in an interview in São Paulo that Brazil regulated online betting before the physical gambling sector. He said taxation and new advertising requirements would reduce betting companies’ advertising spend in the short to medium term, and called the Bets CPI unnecessary because it began before regulation took effect.
The comments reflect industry criticism of Brazil’s regulatory sequence and expectations for betting advertising under the new rules.