By The Weekly Edge desk ·
Brazil’s president is preparing a provisional measure to strengthen betting regulation, iGaming Business reported. The report places the initiative against concerns about household debt and gambling addiction.
Brazil’s planned provisional measure seeks stronger betting regulation amid concerns about household debt and gambling addiction.
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Game suppliers face prioritised scrutiny over similarities between loot boxes and online betting.
Offering betting through Stake.com after the ban could put Stake's licence at risk of revocation.
The games framework and loot-box scrutiny put video games and betting-like mechanics under simultaneous government attention.
The ban’s many amendments and possible delayed court decision leave its prospects uncertain for operators and suppliers.
The growth in illegal sites increases exposure to betting platforms for children and adolescents in Brazil, according to the ANJL president.