Brazil Decree Lets State Freeze Illegal Betting Funds
Brazil signed Decree 13,033, letting authorities freeze and seize illegal betting funds within 24 hours, as its regulated market turns one year old.
Brazil signed Decree 13,033, letting authorities freeze and seize illegal betting funds within 24 hours, as its regulated market turns one year old.
Around 80 operators now hold a federal Brazilian betting licence in 2026, under a regime that charges a R$30 million fee and a 13% GGR tax this year.