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Brazil investigates alleged billion-dollar illegal betting scheme

By The Weekly Edge desk ·

Summary

Brazilian authorities launched Operation Conto da Sorte against an alleged illegal betting scheme, iGaming Business reported. The report said the government intended to intensify the operation.

Why it matters

The government plans further action through Operation Conto da Sorte.

Read the original at iGaming Business

EntityBrazil
TypeMarket
Entries543
Main marketsSouth Africa, India
Enforcement & compliance59
Licences & markets5
Deals & M&A71
Fines recordedBRL 8,700,300
Latest16 Oct 2026
Entity mapBrazil
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