Brazil bars major brands during transition to regulated online gambling market
Sports Betting · 2024-10-03
Brazil bars major brands during transition to regulated online gambling market
Brazil’s finance ministry has released a list of 192 brands from 89 companies that are permitted to operate in the country ahead of the launch of its regulated gambling market on 1 January.
However, some well-known operators including Esportes da Sorte and Vai de Bet have not been approved during this transitional phase.
The absence of Esportes da Sorte comes amid a scandal involving the company’s CEO, Darwin Henrique da Silva Filho, who was arrested in September over allegations related to a money laundering ring.
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