14 Oct04 Regulation
Luiz Felipe Maia: The ban on betting creates distrust towards Brazil
Maia says the ban threatens investor confidence and could expose operators to legal uncertainty and compensation claims.
Secretariat of Prizes and Bets (SPA)
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October 2026
13 Oct04 Regulation
Luiz Felipe Maia: The ban on betting creates distrust towards Brazil
If Brazil's ban stands, licensed operators and investors face market loss, possible compensation claims against the state, and customers shifting to illegal operators.