Bets Lose R$ 652 Million After Ban
Ban on Bets in Brazil Reduces the Balance Held on Platforms by R$ 652 Million. Users Have a Deadline to Withdraw the Funds.
The ban on Bets in Brazil has led to a sharp reduction in the volume of money held on the platforms. Since the entry into force of the new rules, the balance available in the bettors’ accounts has fallen approximately R$ 652.6 million.
The numbers were presented on Friday (2) by the federal government. Before the restrictions, the platforms gathered about R$ 2.1 billion belonging to users. Now, the amount is at approximately R$ 1.453 billion.
The reduction represents about 31% of the amounts that were deposited in the accounts before the publication of the medida provisória.
In addition to the withdrawal of resources, the government points to a significant interruption in the daily financial flow of the sector. Before the ban, bets moved more than R$ 600 million a day. According to the Ministry of Finance, this movement practically ceased to occur after the measure came into force.
More than 28 million still have money on the platforms
Even with the significant volume of withdrawals recorded in recent days, there are still values linked to 28.65 million CPFs in the bookmakers.
The deadline for these users to voluntarily request withdrawal of money ends at 23:59 next Monday, October 5.
Websites and apps are expected to go offline from Tuesday (6). Between 7 and 8, companies will have to inform the financial institutions of the balances that still remain tied to the bettors.
The banks are expected to automatically return these funds between October 9 and 14.
In cases where the refund cannot be made directly, the amounts may be forwarded to Caixa Econômica Federal, responsible for making the payment to the holders later.
Accounts with high values enter the radar
The oversight process also identified movements considered out of the standard.
According to the Ministry of Finance, at least 48 accounts still have a balance of more than R $ 500,000. Each will be reviewed individually by the authorities.
If evidence of irregularities is found, the records may be forwarded to the bodies responsible for investigation.
The supervision is not focused only on the bettors. Companies responsible for the operation of the platforms and institutions used to move payments were also monitored.
More than 10,000 websites submitted for blocking
The offensive against irregular platforms has also advanced on the internet.
Between September 25 and October 1, 10,435 e-mail addresses linked to illegal gambling were sent for blocking by the National Telecommunications Agency (Anatel).
The Ministry of Justice reports that tens of thousands of pages related to clandestine operations had already been knocked down earlier.
When illegal activities are identified, accounts used in these operations may be blocked. Depending on the outcome of administrative and legal procedures, remedies associated with irregularities may also receive destination provided for in the legislation.
Government expands surveillance structure
In addition to the closure of the betting activities, the federal government is strengthening the bodies responsible for monitoring the sector.
A decree published on Thursday created, within the National Consumer Secretariat (SENACON), the Department of Supervision and Prevention of Consumer Damage.
The Federal Police also began to rely on a specific structure aimed at the repression of money laundering and asset recovery.
Among the tasks are the monitoring of illegal bets and the investigation of suspicions related to the manipulation of sports results.
The Medida Provisória No. 1,394, published on September 25, ordered the prohibition of the exploitation, supply and advertising of fixed quota bets throughout the national territory.
See also: https://bntonline.com.br/ponta-grossa-amplia-drainagem-em-15-pontos-da-cidade/
