Key Moments: ANJL has voiced concerns that regulatory rollbacks could drive bettors toward illegal platforms lacking consumer safeguards. The organization warned of a potential BRL 80 billion decline in tax revenue over the next five years, based on Ministry of Finance estimates. Approximately 52% of Brazil’s betting activity has been conducted through unregulated sites, raising consumer protection issues. Potential Consequences of Restrictive Measures The National Association of Games and Lotteries (ANJL) has issued an official statement highlighting the risks posed by possible new restrictions on legal betting platforms within Brazil.…
Read MoreANJL Cautions: Restricting Online Betting May Impact Brazil’s Fiscal Stability
