Brazilian Sports Betting Industry Challenges Study on Household Debt
Brazil’s sports betting industry disputes research linking betting with higher household debt and default rates.
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Brazil’s sports betting industry disputes research linking betting with higher household debt and default rates.
Around 25.2 million Brazilians use irregular betting platforms, according to data released by Minister of Justice and Public Security Wellington César Lima, underscoring the scale of the challenge facing authorities as the federal government moves to expand action against illegal operators.
In an interview with iGaming Business, the president of the National Association of Games and Lotteries (ANJL) stated the programme included proposals to improve financial health, but the mistake is prohibiting beneficiaries from gambling. According to Plínio Lemos Jorge, this will drive gamblers to