By The Weekly Edge desk ·
Brazil’s betting prohibition has incurred a cost of BRL1.35bn over 11 days, Sector del Juego reported. The outlet also flagged a risk that some gambling activity could shift to illegal operators.
Brazil’s prohibition carries a reported BRL1.35bn cost and a risk of gambling activity shifting to illegal operators.
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Game suppliers face prioritised scrutiny over similarities between loot boxes and online betting.
Offering betting through Stake.com after the ban could put Stake's licence at risk of revocation.
The games framework and loot-box scrutiny put video games and betting-like mechanics under simultaneous government attention.
The ban’s many amendments and possible delayed court decision leave its prospects uncertain for operators and suppliers.
The growth in illegal sites increases exposure to betting platforms for children and adolescents in Brazil, according to the ANJL president.