Quote from: shield132 on Today at 09:53:54 AM

By banning 2000 gambling sites, Brazill will lose lots of money. Their citizens will spend money on VPNs and make rich in foreign companies, and then they'll gamble in online casinos, spend money there and make foreign companies rich.

The action doesn’t necessarily lead to a loss of money, as some of these operators aren’t even registered, meaning they aren’t paying taxes. Despite the announcement, I believe gambling is still thriving in Brazil because this move wasn’t aimed at fighting gambling addiction or similar issues.. It was done for improving the regulation of the industry and that includes cracking down on illegal activities. And here's the result, operators that don’t comply will be shut down, while those that do can continue their operations.

Honestly, I don’t think this will significantly impact the country’s gambling industry, as the remaining legitimate casinos will still operate to meet the demands of gamblers.

https://www.france24.com/en/live-news/20241011-brazil-orders-closure-of-2-000-betting-sites

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The new rules seek to combat fraud and money laundering and protect users, by for example banning minors from betting.

"Anyone who is not regularized, or in the process of being regularized, is being taken off the air," Haddad said in a statement.

The finance ministry said it had identified 2,040 "suspicious domains" which it had asked the telecoms regulatory agency Anatel to block.