Senator Camilo Santana proposes R$80 monthly betting deposit ceiling in Brazil
By SectorWire desk ·
Summary
Brazilian Senator Camilo Santana proposed a default R$80 monthly deposit ceiling across all authorised betting operators. Bettors could request higher limits up to 5% of verified monthly income, while operators would have to refund excess deposits immediately. The bill requires congressional approval and would take effect 90 days after publication.
Why it matters
Operators would face a default monthly deposit ceiling and immediate excess deposit refunds if the bill becomes effective.