Regulation

Brazil could implement ten-year ‘bad actor’ clause

Government gives regulators power to ban operators from obtaining licences for ten years

The Brazilian government has said it may implement a so-called ‘bad actor’ clause, forcing operators which have previously operated illegally within other jurisdictions to declare they have done so. The new rules would require operators to provide a statement confirming they have “never operated illegally in regulated lottery markets and other betting systems with cash…

Brazil | Legislation | Licensing | Regulation | Sports betting

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