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October 1, 2024
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Unauthorized bets will be suspended this Tuesday

Sports betting compromises family budgets of classes D and E

Starting this Tuesday (1st), bets (electronic betting companies) that have not requested authorization to operate in the country will have their activities suspended. The suspension will be valid until the company files a request, and the Prizes and Betting Secretariat of the Ministry of Finance grants permission.Unauthorized bets will be suspended this Tuesday

You websites Unauthorized accesses will continue to be accessed until October 11th, when they will be removed from the air by the National Telecommunications Agency (Anatel). This Monday (30), the Minister of Finance, Fernando Haddadsaid that up to 600 pages and applications will be blocked.

According to the Ministry of Finance, a period of ten days was granted for bettors to redeem the balance of websites not authorized to continue operating in the country. “If you have any money in the betting shop, ask for a refund now, because you have the right to have your money refunded. We are already warning everyone”, warned Haddad.

THE list of companies who made the request is available on the Ministry of Finance’s Betting Management System (Sigap) page. By the end of Monday afternoon (30), the system registered 162 orders from 158 companies. In the last seven days alone, 27 companies have placed orders.

From October to December, only those websites authorized and that were already acting. According to the Ministry of Finance, suspended companies will be able to make the request at any time, but they will go to the end of the queue, taking months to have the documentation and requirements analyzed.

The expectation is that the department will complete, by December, the process of analyzing the requests filed so far. Upon approval, companies must pay R$30 million in grant money to legally operate up to three brands each for five years, as established in the Law 14,790/2023which legalized electronic betting in the country.

From January onwards, companies that operate without authorization will be subject to punishment, with fines of up to R$2 billion per infraction.

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