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Banks begin returning approximately R$1.325bn to bettors after platform shutdowns

By The Weekly Edge desk · · Updated

Summary

Banks and financial institutions have started refunding approximately R$1.325bn held in bettors' accounts, iGaming Brazil reported. The funds remained after online betting platforms closed following a federal government provisional measure.

Why it matters

Financial institutions are returning bettors’ funds left in accounts after betting platforms closed following a federal provisional measure.

Read the original at iGaming Brazil

EntityBrazil
TypeMarket
Entries139
Main marketsIndia
Enforcement & compliance9
Deals & M&A11
Latest16 Oct 2026
Entity mapBrazil
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