Brazil Decree Lets State Freeze Illegal Betting Funds
Brazil has enacted Decree 13,033, letting authorities freeze and seize illegal betting operators' funds within 24 hours as its regulated market turns one.
Brazil has enacted Decree 13,033, letting authorities freeze and seize illegal betting operators' funds within 24 hours as its regulated market turns one.
Around 80 operators now hold a federal Brazilian betting licence in 2026, under a regime charging a R$30 million fee and a 13% GGR tax rising to 15% by 2028.