The National Association of Games and Lotteries (ANJL) and the Brazilian Institute of Responsible Gaming (IBJR) have both advised their members to bring forward their ban on gambling with credit cards. All of the IBJR's members have agreed to expedite the ban.
Published in April, Normative Ordinance No 615 banned the use of credit cards, crypto, cash, payment slips or cheques for betting when the legal Brazil online betting market goes live on 1 January 2025.
However only companies already active in Brazil that have applied for a betting licence will be able to continue operating from 1 October.
Both the ANJL and IBJR have urged their respective members to voluntarily bring forward the prohibition of credit cards after discussions with the ministry of finance. For the IBJR, which claims its members account for around 70% of the betting market in Brazil, the move is aligned with its wider objective to secure a safe betting market in the country.
Notably, the ANJL said almost a..
