Gambling addiction concerns prompt Brazil to block illegal iGaming websites
The Government found more than 2,000 irregular sites.
Key Points
- Sites that are willing to comply with regulations are permitted to remain active
- The Government move is to address concerns regarding gambling addiction
Brazil has taken additional measures to regulate its online gambling sector by blocking more than 2,000 gambling websites that were “designated as irregular,” according to a recent Associated Press report.
Growing concerns surrounding gambling addiction among the population prompted the government to make this move.
Brazil’s Federal Government released a statement, noting that 96 companies hold 210 active gambling websites at this time. The Government went on to state that “these firms have demonstrated a willingness to comply with the new legislation and can operate until the end of the year, while their license applications are reviewed.”
Brazil’s Ministry of Finance recently announced on its social media account that only authorized betting companies will be permitted to operate in the country.
Good to know: The country is scheduled to open both its legal and regulated sports betting and iGaming markets January 1
This took effect October 1 and means that unauthorized sites will no longer be able to offer services to players throughout the region.
During the past few months, the country’s bet management system has received 121 applications for licensing.
The Instituto Brasileiro de Jogo Responsável (IBJR) has established a list of principles for players that are intended to “ensure consumer protection in online gambling activities” throughout the country.
The IBJR published 15 principles that include protection for minors, providing clear and accessible information, the promotion of a unified national helpline, self-exclusion tools, only working with third-party providers that are properly licensed, and evidence-based consumer protection research and initiatives.
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