Latest iGaming and regulatory news tagged Brazil.
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Brazilian authorities have launched a major cross-state coordinated investigation into an illegal gambling ring, according to SBC News. The operation, named "Conto da Sorte," has been sanctioned by the Federal Revenue Service (FRS) and involves three Public Prosecutor…
Brazil's finance ministry has published Ordinance 1,766, which defines the joint liability of financial and payment institutions involved in illegal betting activities. The ordinance, released this week, clarifies that banks and companies that assist or promote unauthorized gambling…
