The regulation of the iGaming market in Brazil had an immediate impact on the detection of financial fraud.
In 2025, the Financial Activities Control Council (Coaf) recorded 27,600 reports of suspicious operations involving betting and lottery companies.
The volume represents a significant jump compared to the 928 incidents reported in 2024, highlighting the rigor of the new legal framework that obliges authorized platforms to report atypical movements.
How Coaf works to track clandestine operations
Despite advances in transparency in the regulated market, the intelligence agency assesses that money laundering still finds impetus in the high rate of illegal platforms, which represent around 40% of the sector.
To stifle this financial flow, Coaf began direct “consultancy” with banks.
The objective is to train the financial system to identify CNPJs linked to so-called “shelf companies”: inactive firms bought by criminals to operate as hidden sportsbooks, circumventing traditional compliance blocks.
The integration between the Prizes and Betting Secretariat (SPA) and the market is already showing tangible results.
In 2025 alone, 54 financial institutions sent 1,255 detailed reports on signs of clandestine operations.
This task force resulted in the identification of 265 illegal operators and the closure of 550 bank accounts, adding to Anatel’s work to take down domains without the bet.br ending.
Expansion of supervision for fintechs and the crypto market
The preventive strategy applied to the betting sector is part of a broader government movement to modernize supervision of emerging markets.
Coaf plans to transform sporadic meetings with banks into structured and regular agendas.
This same tactical model is being replicated in the monitoring of virtual assets, whose rules came into force last month, and in the supervision of fintechs.
As many financial technology companies operated for years without a Central Bank license, structural blind spots were created.
With the recent regulatory tightening, fintechs have reached the May deadline to formalize authorization.
Coaf is already preparing improvements to its intellig ence systems to absorb the volume of data that this transition period will bring to the government.
