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Tag: fintech Brazil gambling

Brazil Gambling Regulations: Major Enforcement Action Announced

Posted on May 14, 2025

Brazil gambling regulations have recently taken center stage as the country intensifies its efforts to combat illegal betting activities.The Brazilian Secretariat of Prizes and Betting (SPA) has proactively notified 33 financial institutions for allegedly facilitating transactions for unauthorized gambling platforms, marking a significant escalation in enforcement measures.

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