By The Weekly Edge desk ·
BNLData compared Brazil’s MP 1.394 on sports betting and online games with a gambling prohibition decree signed by Vargas in 1941. The outlet argued that the earlier ban pushed gambling underground rather than eliminating it.
BNLData’s comparison raises concerns about gambling moving underground, citing its interpretation of Brazil’s earlier prohibition.
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The analysis may affect how authorities assess bettors’ funds held by betting platforms after the prohibition.
The association says the reported job losses and the movement of betting demand to illegal platforms affect regulated operators and workers.
The proposal could affect betting operators and the sector’s workers, clubs and public revenue if Congress advances the ban.
The measure may affect access to regulated self-exclusion and remove a funding source for gambling-related prevention and treatment, according to BNLData.
The calculations distinguish betting deposits from operator earnings and compare government receipts with operators’ net profits.