By The Weekly Edge desk ·
São Paulo’s Constitution, Justice, and Participatory Legislation Commission advanced a bill to prohibit sports betting advertising at sporting events, iGaming Brazil reported. The proposal would tighten restrictions on online betting promotion.
Betting operators would face restrictions on advertising at sporting events in São Paulo if the bill proceeds.
Request a correction / right of reply
Same companies, regulators or market.
Offering betting through Stake.com after the ban could put Stake's licence at risk of revocation.
Game suppliers face prioritised scrutiny over similarities between loot boxes and online betting.
The games framework and loot-box scrutiny put video games and betting-like mechanics under simultaneous government attention.
The growth in illegal sites increases exposure to betting platforms for children and adolescents in Brazil, according to the ANJL president.
The analysis may affect how authorities assess bettors’ funds held by betting platforms after the prohibition.