The Brazilian government has introduced new regulatory measures to restrict unauthorized gambling operations. Finance Minister Dario Durigan announced the decree on Friday, following its signature by President Lula.
The regulation requires banks, fintech companies, and payment institutions to freeze accounts linked to unlicensed betting providers within 48 hours. Financial entities will also share joint liability for transactions processed by these operators. The Secretariat of Prizes and Betting (SPA) oversees the licensed sector and has already directed Anatel to block identified unauthorized websites.
Authorities are currently examining operators that utilized 37 fintech firms for fund transfers.
Enforcement and Asset Recovery
Federal police, Public Prosecutor’s offices, COAF, and the Federal Revenue Service will coordinate the investigation. "This measure decisively strengthens the Brazilian state’s capacity to confront illegal operators," Durigan stated. The administration plans to suspend fintech operations tied to unauthorized gambling and pursue asset expropriation.
Recovered funds will be allocated to the National Public Security Fund. Justice Minister Wellington César Lima e Silva noted that organized crime groups are shifting toward the unregulated gambling sector. The SPA will initiate proceedings, with the Ministry of Justice handling subsequent legal steps.
The details were disclosed during a government press conference.