Brazil Blocks Over 2,000 Irregular Gambling Sites Amid Addiction Concerns
The Brazilian government enforces regulations to control online betting, targeting unlicensed platforms and aiming to protect vulnerable populations.
- Over 2,000 gambling websites have been blocked by Brazil as part of a new regulatory push.
- The move follows a law signed in December 2023 by President Luiz Inácio Lula da Silva to regulate and tax betting companies.
- Authorities are concerned about a rise in gambling addiction, especially among vulnerable groups.
- Companies that comply with the new regulations can continue operating until the end of 2024, pending license reviews.
- Starting January 1, 2025, authorized companies must pay a significant fee and adhere to strict federal rules to continue operations.