Continuing its evaluation of the Bets regime, the Senate’s Commission Inquiry has held its liveliest testimony yet, hosting social media influencer Virginia Fonseca. A headline-grabbing session of high-jinks and drama underscored both the cultural prominence of online gambling among Brazil’s Gen-Z consumers and the state’s responsibility to protect under-24s from excessive behaviours. Fonseca, a YouTube-born personality turned beauty and lifestyle …
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Brazil: CPI arrest sparks legal rift on Bets justice remit
The sensational arrest of Daniel Pardim during his testimony before the CPI brings to light the difficulties Brazilian authorities face in pursuing justice for illicit gambling activities that occurred prior to the implementation of the Bets regime. Drama unfolded at the latest hearings of the commission inquiry of the Bets regime led by Senators Soraya Thronicke (Podemos-MS) and Dr Hiran …
Read More »Brazil Senators demand full accountability on gambling addiction failures
The testimony of former gambling addict André Rolim shocks the CPI of Bets, which will recommend urgent actions to protect vulnerable customers from engaging with gambling. The Brazil Bets regime’s safeguards to protect vulnerable consumers have been examined in the ongoing Commission Parliamentary Inquiry (CPI) investigating the financial and economic liabilities of Brazil’s growing online gambling marketplace. A tense testimony …
Read More »CPI Senators told to close tax disparities & AML loopholes
The tax liabilities and fiscal responsibilities of the Brazil Bets regime continue to be scrutinised by the Parliamentary Commission Inquiry (CPI) led by Soraya Thronicke (Podemos-MS) and Senator Dr Hiran Goncalves (PP-RR). Following a brief pause, the commission, referred to as the ‘CPI of Bets,’ has reinitiated testimonies from key legislative stakeholders to provide feedback on the economic accountabilities of …
Read More »Brazil CPIs begin Integrity & Economic probes of Bets market
The Senate of Brazil has received its first update from rapporteurs who will evaluate the economic and integrity threats posed by Brazil’s new federal regime for online gambling. Commonly referred to as ‘Bets’, on 1 January, Brazil launched its federal online gambling marketplace. The Ministry of Finance has granted licence authorisations to 70 businesses, with 14 licences approved to operate …
Read More »Brazil delays CPIs on Bets economic & integrity threats
The Senate of Brazil has “partially delayed” the Commission of Inquiry (CPI) investigations aimed at reviewing the laws, standards, and protections of the Bets regime. The CPIs will serve as the Senate’s evaluation of Brazil’s fixed-odds and online gambling market under the Bets framework, scheduled to launch in 2025. The Senate’s evaluation, assigned to the “CPI of Bets,” will examine …
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