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Brazil to Bolster Online Betting Rules Amid Gambling 'Epidemic'.
- Source :
- Bloomberg.com; 9/17/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Brazil is set to tighten online gambling rules in response to concerns about the financial impact on families. The Finance Ministry will suspend the activities of online gambling companies that have not requested authorization to operate in Brazil, and is also working on regulations to prohibit the use of credit cards for betting and prevent companies from offering credit for gambling. The government aims to address what Finance Minister Fernando Haddad describes as a gambling-related "epidemic" that is causing serious social problems. Brazil legalized online gambling in 2018 and has since become one of the world's fastest-growing gaming markets. [Extracted from the article]
- Subjects :
- INTERNET gambling
SPORTS betting
GAMBLING
BUDGET
MIDDLE class
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 179689628