Feed / Enforcement & compliance
By SectorWire desk ·
The report said that SPA suspended Pixbet, alleging that the company failed to submit required documents. The operator has 10 days to appeal and faces a R$200k daily penalty for breaching the measure, while continuing in Rio de Janeiro and Paraná.
Pixbet faces a suspension and conditional daily penalties, with an appeal window available.
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Pixbet must halt operations, cancel outstanding bets and refund stakes until SPA verifies compliance, with daily fines for breaches.
Pixbet faces a reported suspension alongside accusations of laundering money using deceased people’s tax identification numbers.
The blocking order restricts access to three PixBet platforms across Brazil.
Suspended betting websites must allow withdrawals, while failure to comply with suspension orders can trigger daily fines of R$200,000.
The suit seeks healthcare cost reimbursement and collective moral damages from betting companies representing around 80% of the market.
Pixbet faces nationwide suspension, a R$4.7m fine and technical examination of its systems over inadequate safeguards for minors.