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Brazil to create units to fight illegal iGaming and match-fixing after Lula approves agency reform
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Brazil to create units to fight illegal iGaming and match-fixing after Lula approves agency reform
Brazil is setting up dedicated units to tackle illegal iGaming and match-fixing, after President Lula approved a reform of the agency. For PSPs, acquirers, and banks operating in or around the market, that means more targeted enforcement around exactly the kinds of flows high-risk businesses rely on.
- The reform will create specific departments focused on illegal iGaming and match-fixing, rather than treating them as side issues inside a broader supervisory structure.
- President Lula has already approved the reform, so this is not a proposal sitting on a shelf somewhere. The machinery is moving.
- For payment providers, the practical point is that Brazil is signaling a more organized response to illicit betting-related activity, which usually means closer scrutiny of merchants, transaction patterns, and counterparties tied to the sector.
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