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Topic: Regulation: Brazil closes 2000 gambling sites - page 9. (Read 1772 times)

hero member
Activity: 2926
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What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.
The government of Brazil is just taking steps to implement this.
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The new rules seek to combat fraud and money laundering and protect users, by for example, banning minors from betting.
this is right because there is a data that says the numbers of gamblers are alarming and they want to implement orderliness, when the government does this they mean business and they always win.
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Do you think Brazilians would cooperate with the government? Some may think of VPNs to bypass the government's restrictions, but this might put them into trouble with casinos. I wonder how many of them know this.
This is a government implementing their own rules, so they have no choice but to take heed and follow what the government is implementing. Failure to do so by a citizen will result in a fine or worse, jail term, Gamblers in Brazil can decide for themselves if they want to use VPN, its gambling on their risks, with this new implementation and they should know the consequences.

hero member
Activity: 1190
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The government will gain because these illegal or not authorized casinos didn't pay tax, instead the casinos reduce the circulation money on the market because all the profit goes to few people aka who operated the casinos.

Regardless the citizen can bypass the restriction using VPN, but at least this could reduce people exposed/gamble on illegal casinos.

But, this will be bad for "us" meaning the casino we promoted might not as much as before lol.
legendary
Activity: 3234
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Leading Crypto Sports Betting & Casino Platform
The Brazilian people are the biggest gamblers in the world, spending around 4 billion dollars a month on bets, so the Brazilian government saw this as a good opportunity to collect more taxes, making casinos regulate themselves and have authorization to operate in Brazil. I believe that all good casinos will have to adapt, but amateur casinos will have some kind of problem. It is a global trend for casinos to comply with the rules established by governments, and this is what will happen sooner or later in all countries.

I am not Brazilian, but since I am Mozambican and speak Portuguese, I have been following the news from Brazil and from what I am seeing, Brazilian laws are moving in the direction where international websites must have a physical office in Brazil. I have come to this conclusion because of the recent closure of Twitter in Brazil. The president of the Supreme Court ordered Twitter to be closed because it had not obeyed the law that it must have a physical office in Brazil, and Twitter had closed its physical office and no longer had a representative in Brazil. I believe this is a path that in the future will require international betting houses to have a physical office in Brazil and have a legal representative in Brazil. This would mean that Brazilian citizens would no longer be able to use casinos that operate without complying with these conditions. So in my opinion this is all heading towards very strict laws that most casinos licensed in Curacao will not comply with.
hero member
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That will depend on how people react with that decision. If they don't protest to their government, maybe that is a right decision from the government.
But I am not sure if that will stop people from gambling especially for those who often place their bet. They will search for the other way to still gambling and maybe they will use VPN to return to the casino.
If casino can asks for license to keep their business running in that country, that will be good for the country because they can have more taxes from gambling industry. We will see if it's all about the money or about sensitizes/educates the people about gambling and protects the rights of the citizens/residents.
legendary
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Rio de Janeiro (AFP) – Brazilian authorities on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs, as part of a push to regulate online gambling.

Source: Brazil ordered the closure of 2000 betting sites
What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.

Well, someone from gambling created a similar thread in the gambling board some days ago stating that bc.game, which is the casino that sponsored his site, has been banned in Brazil, reading that, I thought the issue of ban was peculiar to bc.game alone, surprised to learn now that it's actually a general thing that have affected more than 2000 online gambling casinos in the country.

One thing I am very sure is, if the government of Brazil have not announced that they are banned gambling entirely in the country, then know that this move is simply a way for the government to begin to make money from gambling casinos as well, since the government are going to now release a license that will be issued to casinos that wish or want to still continue operating in the Brazilian gambling market, the casinos will pay to obtain this license as well as it's documentation, the casinos will now pay taxes, as well as pay for the renewal of this licenses whenever it expires.
I am believing this is a new income stream the government of Brazil are trying to create.
hero member
Activity: 3038
Merit: 634
It is for the Brazilians to do what they wanna do after this new law against online casinos. I guess that the casinos have lost huge market share from the Brazilians because of the strict implementation of their new ruling with the new leadership that they have.

But with the use of VPN, it is for sure that many will still be able to gain access. Even with that, the casinos will also have to play safe on this and will have to put Brazilians to be on their radar and have to shoo them away if they will comply to the regulation of the Brazilian government.
hero member
Activity: 3010
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It takes a bold step to do this and it looks like some countries are now waking up. Regulation is important in the gambling sector, it's better not to have gambling outlets at all than to have them do as they like without proper accountability and even pocket all the money without giving the government what is due to them. As for the government, the tax due is not justified if not used properly, sensitises/educates the people about gambling and protects the rights of the citizens/residents.

I love it when I read this, which shows the government's seriousness in collaboration with licensed casinos/sportsbooks.

They have to do it because the data is very alarming based on the article you provided
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The survey, to which there were 2,839 respondents from all social classes in Brazil, found 68% of Brazilians gambled, with around 16% suffering from gambling-related financial issues. This equates to approximately a tenth of Brazil’s population.
When you have this number, its time to take action, or everything will be out of control. Criminality will rise, there will be a lot of corruption, and the government will lose their battle against vices, They need to curb addiction and at the same time collect taxes from legitimate establishments. This is not easy, and the government will need to exhaust its resources to combat addiction and regulate gambling platforms.
I'm sure they will succeed. there's a lot of things at stake here like the future of their children and the moral fiber of their society.

One of the responsibility of government is to govern out a certain country for it to be everything to be in line or fine when it comes to all possible scope that they can cover as much as they could. They are the ones who do set out those rules for the better. Some government wouldnt really be caring into their citizens as long they would really be able to see such benefit but there are those places who do really have that kind of concerned government in regarding into those people who do live or reside on such area or place. Banning out 2k+ betting sites is a no joke kind of decision on which we know that when it comes to taxation
on which this is really that something which is really that beneficial when it comes to economic development. WE do know that this is really that having that huge advantage when it comes to overall economic aspect.

On the moment that gambling addiction is increasing plus having those increase in numbers when it comes to criminality, suicide and other possible gambling addiction issues or problems then it would really be
that depending into them on which whether they woudl really be that trying out ban int out or not. This do really takes up that a non easy decision on which we know that gamvbling industry is really that profitable.
full member
Activity: 238
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I see that the Brazilian government pays a lot of attention to the influence of the Internet on its citizens, before they blocked access to X and even passed a law that prohibits visiting this platform using a VPN. Now this has affected casino sites and it is one thing if this concerns non-payment of taxes to the state budget, and quite another if they just want to limit their citizens' access to online casinos. I see that people went out to protest, but I do not know how things are now, unfortunately in some countries restrictions on selected platforms are becoming the norm.
hero member
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Leading Crypto Sports Betting & Casino Platform

It takes a bold step to do this and it looks like some countries are now waking up. Regulation is important in the gambling sector, it's better not to have gambling outlets at all than to have them do as they like without proper accountability and even pocket all the money without giving the government what is due to them. As for the government, the tax due is not justified if not used properly, sensitises/educates the people about gambling and protects the rights of the citizens/residents.

I love it when I read this, which shows the government's seriousness in collaboration with licensed casinos/sportsbooks.

They have to do it because the data is very alarming based on the article you provided
Quote
The survey, to which there were 2,839 respondents from all social classes in Brazil, found 68% of Brazilians gambled, with around 16% suffering from gambling-related financial issues. This equates to approximately a tenth of Brazil’s population.
When you have this number, its time to take action, or everything will be out of control. Criminality will rise, there will be a lot of corruption, and the government will lose their battle against vices, They need to curb addiction and at the same time collect taxes from legitimate establishments. This is not easy, and the government will need to exhaust its resources to combat addiction and regulate gambling platforms.
I'm sure they will succeed. there's a lot of things at stake here like the future of their children and the moral fiber of their society.
legendary
Activity: 1204
Merit: 1005
Quote
Rio de Janeiro (AFP) – Brazilian authorities on Friday began closing down more than 2,000 betting sites, including those that sponsors popular football team Corinthians and other first division clubs, as part of a push to regulate online gambling.

Source: Brazil ordered the closure of 2000 betting sites
What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.

Do you think Brazilians would cooperate with the government? Some may think of VPNs to bypass the government's restrictions, but this might put them into trouble with casinos. I wonder how many of them know this.

It takes a bold step to do this and it looks like some countries are now waking up. Regulation is important in the gambling sector, it's better not to have gambling outlets at all than to have them do as they like without proper accountability and even pocket all the money without giving the government what is due to them. As for the government, the tax due is not justified if not used properly, sensitises/educates the people about gambling and protects the rights of the citizens/residents.

I love it when I read this, which shows the government's seriousness in collaboration with licensed casinos/sportsbooks.
In the end, the license is very important for every casino that wants to operate because the government has begun to realize the growth of the gambling industry and a lot of money in gambling, so regulation is very important for the common good, even though we know taxation is also very important as a source of state revenue, so they do this very firmly on every casino that does not comply with regulations, closing the site is the right step if using the government's perspective, wrong and right when assessing this is whether the casinos that are closed have been given the opportunity to register their business in order to get certification to have an operating license, if they have had the opportunity before the closure is carried out then it is the right step, but if they are not given the opportunity of course it is an inappropriate step.
legendary
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Leading Crypto Sports Betting & Casino Platform
It depends on what regulations they're looking for. If they simply wanted to reduce the amount of casinos that are available for their citizens, then yeah sounds pretty good as a regulation. I mean it clearly doesn't make sense to h ave over 2000 betting sites, sounds weird.

Now if regulation means banning, I always said and will always do that banning something isn't the right step if you want to regulate it. Rather do what my initial thought above, control. Manage. It's a lot easier to handle something if it's under your eyes. Banning something would inevitably lead to illegal ones popping out after all.
The regulation is about payment methods to be used. Deposits, withdrawals and prize payments can only be made via electronic transfers. Operators are no longer to accept deposits through cash, bank slips, cheques, cryptocurrencies and credit cards. You can read this to understand more about it:

Deposits, withdrawals and prize payments can only be made via electronic transfers. Payments and prizes need to be paid to customers within a 120-minute window, beginning at the end of the sporting event.

This will place a heavy emphasis on the use of Pix, Brazil’s national instant payments system, as well as Available Electronic Transfer (TED), debit and prepaid cards, and Central Bank (BACEN) authorised general bank transfers.

Operators will not be able to accept deposits via cash, bank slips, cheques or cryptocurrencies. Meanwhile, any form of credit card transaction is explicitly prohibited for both bookmakers and payment service providers (PSPs).

Regarding payment providers, any PSP servicing operators must be registered and accredited with the Central Bank and not by any third party service. Lastly, customer incentives such as bonuses and free bets are also banned.
hero member
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It depends on what regulations they're looking for. If they simply wanted to reduce the amount of casinos that are available for their citizens, then yeah sounds pretty good as a regulation. I mean it clearly doesn't make sense to h ave over 2000 betting sites, sounds weird.

Now if regulation means banning, I always said and will always do that banning something isn't the right step if you want to regulate it. Rather do what my initial thought above, control. Manage. It's a lot easier to handle something if it's under your eyes. Banning something would inevitably lead to illegal ones popping out after all.
legendary
Activity: 1512
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Leading Crypto Sports Betting & Casino Platform
What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose? Will the closed websites cooperate? Many might want to take their business elsewhere as they like to operate where the regulations are weak.

Some of the gambling sites are not operational in the country. Example are those that accepts cryptocurrencies. All gambling sites that support cryptocurrencies are affected. I mean all the gambling sites that have announcement thread on this forum are all affected.

The reason for the government action is because most Brazilians are gamblers. Many that receive support from government are using the money for gambling. If there are still gamblng sites that are licensed to operate in Brazil, I do not see any difference because those people will still continue to gamble.
hero member
Activity: 1008
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Moreover, every fourth person who received financial assistance becomes an addicted gambler and loses everything, right down to the contents of the refrigerator.
Brazilians are chronic gamblers like you avidly observed and I feel its only someone who has self control that would curb his/her need to gamble. I've never seen where desperation helps anyone make good choices especially when it comes to gambling.
 
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Maybe the way out of this impasse would be to better ensure the standard of living of people so that they do not place their hopes on casinos but are provided with a guaranteed decent job and, of course, a salary.
You said it in your third line that they are such obsessive gamblers and as such those kind won't know how to keep money in even though their standard of living is improved or not. I feel why the government closed down those 2000 gambling sites is to curb such unhealthy lifestyle to see if they can reduce the dangers gambling is causing on its citizens. Most people don't really understand the meaning of "responsible gambling" so sometimes force is required.
legendary
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If this is done for the welfare of the citizens, especially for the minors that can be easily tempted to gamble and believed to make instant money, then I should say this is a good movement of the Brazilian government. It’s not what the government to gain that matters, but what the citizens are going to lose if these 2040 suspicious domains will continue to promote fraud and money laundering that will definitely leave a huge negative impact to the Brazilian gamblers, most particularly for those minors who are now quickly attached to the online casinos that have been operating not being regularized.
legendary
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I looked for information; maybe the whole reason for the closure of so many casinos in Brazil is that according to statistics, every ninth Brazilian plays in a casino. Moreover, every fourth person who received financial assistance becomes an addicted gambler and loses everything, right down to the contents of the refrigerator. These are truly threatening numbers.
I would begin to respect such a government that wants to protect its population. But yes, I know that forcibly explaining something to someone who is not ready to stop gambling is useless.
Maybe the way out of this impasse would be to better ensure the standard of living of people so that they do not place their hopes on casinos but are provided with a guaranteed decent job and, of course, a salary.
legendary
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I read somewhere that the Brazilian government is asking big money from the casinos to let them operate in Brazil. I guess it's a business, if some casino wants to operate & make money, they will have to pay something for it... whether it's worth it to the casinos or not, they will evaluate it themselves. I am more than sure they have teams for that...

Using a VPN is tricky for many reasons, and if someone uses a VPN just to avoid restrictions over their country there is a good chance that they will lose all their deposited & won money because of it. I use a VPN to avoid some provider restrictions, but if my country is on the restricted list I wouldn't risk my money.

I love it when I read this, which shows the government's seriousness in collaboration with licensed casinos/sportsbooks.

This is already propaganda... we do it all to protect the players. They don't really care about the players, they want to regulate the market so that they collect as much money as possible from it. I don't see anything wrong with that, but I don't like it when states do it... we are going to put cameras everywhere for your protection, we want to know what everyone is doing for your protection...
hero member
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This is a bold move, but let’s be real, it won’t stop people from gambling. With so many betting sites out there that don’t strictly enforce the rules, I’m sure folks will find a way to keep the bets rolling elsewhere. The government might try to block access to online casinos, but hey, there’s always VPNs to get around that.

Sure, there’s some risk for gamblers since they won’t have protection if they get scammed, but with their urge to gamble, I’m pretty sure they already know the risk and are willing to take it just to keep the game going. Hopefully, these casinos won’t use this as an excuse to scam users randomly.
hero member
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A good government will do what's right for her people. I don't know much about the Brazilian government but I will tell you that this is a step in the right direction. And I am all for it. They want gambling sites to be regulated. When gambling sites re regulated, they will not be able to take advantage of poor low income earners. When gambling sites are regulated the taxes they pay to the government will be used for the good of the people. When gambling sites are regulated, gambling addiction will decrease. This is a good development and I am in support of it.
sr. member
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The Brazilian people are the biggest gamblers in the world, spending around 4 billion dollars a month on bets, so the Brazilian government saw this as a good opportunity to collect more taxes, making casinos regulate themselves and have authorization to operate in Brazil. I believe that all good casinos will have to adapt, but amateur casinos will have some kind of problem. It is a global trend for casinos to comply with the rules established by governments, and this is what will happen sooner or later in all countries.
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