According to the ministry, errors in the system for receiving notifications meant that some companies were left out of the 1st list
The Ministry of Finance published on Wednesday (2.Oct.2024) an updated list of betting companies authorized to operate in Brazil until the end of the year. The list includes popular bookmakers, such as Betano and the Bet365. In the national list, there are 93 companies with more than 200 bets. The State lists have 18 companies.
According to the ministry, there were errors in the system for receiving notifications. Therefore, 3 nominations made in accordance with the requirements and deadlines had not been included in the 1st published list, released last Tuesday (1st October). Furthermore, a company and its bets were included in the list after confirming that the request had been duly signed by a legal representative authorized by the company. Read the complete from the federal list (PDF – 209 kB). Herethe state one (PDF – 403 kB).
Below, the list of federal authorizations (click here to open in another browser tab):
The list of companies and brands that operate with state authorizations was updated after receiving official communication from the States of Rio de Janeiro and Minas Gerais. Until then, only Paraná and Maranhão had sent data to the Ministry of Finance. In the new relationship are bets like VaideBet.
Here are the state ones (here the link to another tab):
Each authorized company will have to pay R$30 million to operate in Brazil. In other words, the potential revenue from companies exceeds R$3 billion.
UNAUTHORIZED
Sites not disclosed by the government can no longer offer betting in Brazil. Players will have until October 10th to redeem money from these slips. The domain stops working after that.
The Minister of Finance, Fernando Haddadsaid on Monday (September 30) that the Anatel (National Telecommunications Agency) will take down “around 500, 600 websites” in the following days.
“If you are listening to me and have any money in the betting shop, ask for a refund now, because you have the right to have your money refunded.”, he declared in an interview with the radio CBN.
GOVERNMENT & BETS
The government has promoted a process to regulate online betting in 2024. One of the concerns is regarding the addiction of bettors and possible financial consequences for families’ pockets. THE Power360 anticipated the information that Bolsa Família beneficiaries spent R$10.5 billion on bets from January to August, R$3 billion in the last month alone.
The Central Bank expressed concern about the growth of transfers via Pix to bookmakers. The monetary authority monitors the data to diagnose possible effects on default among Brazilian consumers, especially the poorest.
The problem is not exclusively Brazilian. A North American study showed that betting worsened the finances of consumers in the United States.
THE Power360 also anticipated that the Ministries of Finance and Health are considering creating an informative booklet on gambling addiction and dependence. The idea is for the 2 bodies to exchange information to develop joint policies. According to the Secretary of Prizes and Bets, Regis Dudena, an interministerial working group on the topic will be created.
“This interaction will allow us to receive technical information and use it in our relationship with bookmakers.”, he declared in an interview with this digital newspaper.
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