PayBrokers CEO says Brazil betting measure heavily affected company
PayBrokers CEO Edson Lenzi said Brazil’s provisional measure ending online betting had heavily affected the company, which he described as having Brazil as its main market. He said PayBrokers was complying with the measure and also operated in the state lottery sector; the report does not identify the measure by number or give its effective date.
PayBrokers’ account indicates the measure is affecting a company active in Brazil’s betting and lottery sectors.