Game On: Fast Updates on iGaming December 20
- Loterj’s Authority Upheld: The Federal Regional Court affirmed Rio de Janeiro’s lottery regulator, Loterj, as the overseer of state betting operators, exempting them from federal licensing requirements. This aligns with a 2020 Supreme Court ruling against federal lottery monopolies, bolstering state-level regulation.
- Betting Site Traffic Grows: Gambling platforms in Brazil saw a 24.45% increase in Q3 2024 visits year-over-year, driven by mobile access, which accounted for over 85% of traffic.
- Social Welfare Funds Ban: The Federal Court of Auditors reinstated a ban on using social welfare funds for betting, despite challenges from the Attorney General’s Office over implementation feasibility. Ministries and federal banks have been tasked with enforcing the ban within 15 days.
