Payment Institutions
1 articles tagged "Payment Institutions".
Brazilian Industry Bodies Applaud Government's Crackdown on Illegal Betting Payments
Brazilian industry bodies IBJR and ANJL have voiced strong support for the federal government's new decree targeting payment institutions to combat illegal betting. This initiative, signed by President Lula, aims to protect the regulated market and addresses an estimated BRL40 billion illegal market that costs public coffers BRL10.8 billion annually.