DOM 24 DE NOVIEMBRE DE 2024 - 23:56hs.
Proposal by President Bruno Dantas

Federal Court of Auditors to monitor impact of ‘Bets’ on health and the economy

The Federal Court of Auditors (TCU) decided this Wednesday (2) that it will monitor the impact of the online betting market in Brazil. According to the decision, the measure is necessary to verify the impact of the activity on public health, on the purchasing power of families and on the progress of the actions proposed by the federal government to prevent money laundering, theft of bettors' data and the involvement of minors in betting.

The monitoring proposal was made by the president of the TCU, Minister Bruno Dantas, and approved unanimously. The minister cited data from XP Investimentos that show that the betting sector should move between R$90 billion (US$ 16.6bn) and R$130 billion (US$ 24bn) this year. Data from Itaú was also cited to demonstrate that bettors spent R$68.2 billion (US$ 12.6bn) in the last 12 years.

"It is estimated that the betting market may also have an impact on the health budget, since, with the inclusion of actions aimed at the population with gambling addiction, there will be a possibility of a significant increase in mental health care provided in Primary Health Care and Psychosocial Care Centers," argued the minister.

This Wednesday (2), the Ministry of Finance released the updated list of betting houses that requested authorization by September 30 and met the legal requirements to remain in operation.

As of the 11th of this month, the National Telecommunications Agency (Anatel) will block illegal pages. According to the Minister of Finance, Fernando Haddad, up to 600 pages will have their access blocked.

Source: GMB