The Ministry of Treasury recently released new ordinances that establish rules for the operation of online games, such as slot machines, crash and roulette. According to Régis Dudena, Secretary of Prizes and Bets at the Ministry of Treasury, ten ordinances were published to regulate the sector.
The first law, approved in 2018, legalized sports betting, allowing the expansion of this market in Brazil. The second, in 2023, created a specific secretariat in the Ministry of Treasury to supervise the sector.
Credit card payments prohibited
Thus, in a recent interview, Dudena detailed the new rules. “We have payment method rules or restrictions, for example, prohibiting the use of credit cards.
We have rules that create requirements to know who these companies and bookmakers are. Therefore, they have to be national companies, incorporated in Brazil and with directors in Brazil. We need to know who the ultimate beneficiaries of these companies are.”
One of the most recent ordinances defines criteria for restricting games, with the aim of eliminating fraud and ensuring that only legitimate games are offered. Another ordinance, focused on “responsible gaming”, protects bettors in terms of mental and financial health and establishes rules for advertising and influencer participation.
Dudena highlighted: “It’s an ordinance that aims to protect the bettor, so, as we like to say, in their health, both mental health and financial health. In addition, we bring criteria for advertising, for participation, for example, of influencers.”
Bookmakers responsible for their influencers
In addition to regulating advertising, the new rules impose educational measures for bettors. The ordinances explain that betting should be seen as mere entertainment, without promises of enrichment or income replacement.
“The ordinance, for example, tends to explain to the bettor that betting is mere entertainment. So, you will not get rich with the bet. You will not improve your life with the bet. You will not replace your income or your financial applications through betting”, commented Dudena.
The regulation also requires bookmakers to monitor bettors, imposing warnings and limits to prevent addiction. “The betting house, in addition to having an initial educational role, that is, also providing information that limits are necessary.
It is obliged to monitor, it is obliged to impose warnings on bettors, if they have been there for a long time, if they have already spent a lot of money, or finally, if they have already started to spend more money than they apparently can, and at the limit, the bookmaker must even suspend the bettor.”
Therefore, the ordinance requires transparency in contracts with influencers and affiliates. In other words, bookmakers will be directly responsible for any infraction committed by their partners.
“If you are being attracted by someone who says you will get rich, make money, become more famous, this is possibly fraud. Serious bookmakers will not make this offer”, concluded Dudena.