By The Weekly Edge desk ·
BNLData reported that Brazil’s finance ministry announced new online betting rules through a forthcoming SPA-MF interministerial ordinance. The measures will address platform design and game recertification within 180 days.
The planned requirements would affect betting platform design and game recertification.
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The sanction makes the operator responsible for supervising its advertising distribution chain.
Blaze faces a financial penalty and can challenge the decision within the stated appeal period.
The reported framework interruption affects responsible gambling and sports integrity in a regulated market serving 15.1 million bettors.
SPA’s conference participation brings Brazilian regulators into discussions with international authorities about the gambling market’s future.
Banks have rules for blocking unauthorised betting operators’ accounts and identifying potentially fraudulent transactions.
Betting platforms face SPA’s pledge of stricter sanctions as Mariana Piccoli takes charge of sanctioning action.