Post
Topic
Board Gambling discussion
Re: Regulation: Brazil closes 2000 gambling sites
by
Fiatless
on 14/10/2024, 16:15:22 UTC
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What do you guys think, is it the right step? What will the government lose or gain? What will the citizens lose?
From the article in the reference, the government intends to use these restrictions to fight fraud and money laundering. They claim they intend to fight underaged gambling and protect its citizens from fraudulent gambling platforms. This is the right step that will help the country combat crime and citizens' rights.

The government might lose tax and many Brazilians might suffer from job losses. Sports teams that receive financing from these casinos might have to seek alternative financing. But it will also allow approved casinos to explore the Brazilian gambling market and attract more customers.

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Do you think Brazilians would cooperate with the government? Some may think of VPNs to bypass the government's restrictions, but this might put them into trouble with casinos. I wonder how many of them know this.
It will be very difficult to enforce these laws because several technological tools can aid gamblers invade these restrictions. Some law-abiding citizens will prefer to use approved gambling platforms since they enjoy government backing.