Brazil's government has cracked down on illegal gambling sites in the country to help curb problem gambling.
Brazil started blocking thousands of unauthorized online gambling sites on Friday in response to ongoing concerns over the rise of gambling addiction in the country. Lula’s statements were prompted by a report on the number of low-income families spending money on gambling. A recent central bank report noted that recipients of the Bolsa Familia program spent 3 billion reais in August. Bolsa Familia is Brazil’s financial aid program for poor families.was not a surprise.
Brazil’s Secretariat of Prizes and Bets identified 2,040 suspicious gambling domains and turned them over to the National Telecommunications Agency to be blocked. The Treasury department will continue to monitor their activity to be sure they don't return. “This is a very important first step that will be further developed and will involve ongoing action by both the SPA and other government agencies to protect, above all, gamblers and the popular economy,” said Regis Dudena, secretary of prizes and betting for the Ministry of Finance.Some of Brazil’s issues with problem gambling stem from a long period without regulation.
Brazil legalized online gambling in 2018. However, the industry wasn’t taxed or regulated until Dec. 2023. During those five years, thousands of unregulated gambling websites popped up, attracting more than 50 million Brazilian bettors.to operate in Brazil under the new regulations. Most of those companies will be allowed to operate in the country through the end of this year while their applications are reviewed. On Jan.
Amy Calistri got her high school letter in golf and hasn't golfed since. She has a collegiate letter in wrestling, but never wrestled. She was arguably the worst catcher in IBM's coed softball league. But she is a hardcore sports fan, having spent her formative years yelling from Boston Garden's second balcony and Fenway's cheap seats. Amy loves when she can combine her love of sports with her business acumen.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazil starts blocking irregular online gambling as concern rises over addictionBrazil on Friday started blocking over 2,000 gambling websites designated as irregular, part of a push by the government to regulate the sector, after concern rose about gambling addicts, especially vulnerable people. Brazil authorized online betting in 2018, but the lack of regulation has raised concerns among finance and health authorities.
Read more »
White House condemns Brazil for banning X in free-speech fight with Elon MuskWhite House condemns Brazil for blocking X
Read more »
Don’t Trip: Seahawks blocking woes and Geno, whoa!Your weekly dose of positivity!
Read more »
San Fran neighbors in heated 15-year feud over row of windows, view-blocking 'spite wall'Today's Video Headlines: 9/16/24
Read more »
Photographer Films Yellowstone Park Tourists Blocking Grizzly Bear’s PathA photographer filmed Yellowstone Park tourists blocking a grizzly bear from crossing a road so that they could take photos of the animal.
Read more »
Overcome the barriers that are blocking you from a beautiful lifeThe reality is we all have mountains in our lives that are barriers to having a beautiful life. And we need determination and perseverance to overcome them.
Read more »