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Ahead of regulated market launch, Brazil’s Senate to launch online gambling inquiry

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2024-10-10

Ahead of regulated market launch, Brazil’s Senate to launch online gambling inquiry

The Brazilian Senate is set to launch an inquiry into the effects of online gambling on family budgets.

The inquiry, which will be completed within 130 days, will also examine possible connections between online gambling and criminal organizations involved in money laundering.

It comes less than two months ahead of the launch of Brazil’s regulated sports betting and iGaming market on 1 January 2025, which has been marred by a money laundering scandal involving a prominent sports betting operator.

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