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BSCN·2026-04-20 01:28
BRAZIL MOVES TO REPEAL BETS LAW: 68 LAWMAKERS BACK FULL ONLINE GAMBLING BANDeputy Pedro Uczai (PT-SC) filed PL-1808/2026 on Tuesday, backed by 68 PT lawmakers, calling for full repeal of Brazil's Bets Law that took effect January 1, 2025.The bill would ban "the exploitation, operation, offering, availability, promotion, advertising, intermediation and processing of transactions related to fixed-odds betting" nationwide.Proposed penalties include fines up to R$2B (~$385M) and prison sentences of 2-8 years, w ...