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Pay4Fun reports 91.8% fall in customer account balances in Brazil

Regulation

Pay4Fun said balances in its transactional accounts fell 91.8% between 28 September and 5 October, after a provisional measure ordered fixed-odds betting and online gaming operations to be suspended in Brazil. The company said the figure covers its own accounts, not total bets or balances across the market. Remaining funds are to be returned under government procedures.

The reported decline measures funds held with Pay4Fun during the withdrawal period, not the wider market’s total balances.

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