Bets Sector Launches Manifest and Says Ban Favors Illegal Market
5 Articles
5 Articles
RIO - The ban on the operation of betting companies in Brazil should push compulsive gamblers to the illegal market, in the evaluation of experts and entities representing the sector. In addition to users migrate to a space without protection and without government supervision, analysts believe that the measure can bring damage to public safes due to loss of tax collection and the need to indemnify licensed companies.
Betting sector entities advocate strengthening regulation and say banning bets pushes bets to illegal sites.
A group of entities linked to the free market has published a manifesto in defense of the maintenance of the regulated market of fixed-quota bets in Brazil. The document warns that a possible ban on online bets and casinos can stimulate the advance of clandestine platforms and compromise the legal security of companies authorized to operate...
The federal government promises to end the bets, but it was President Luiz Inácio Lula da Silva who sanctioned the [...]
Sector of bets alert to migration to the illegal market while Lula prepares measures during election campaign. Read on Power360.
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