The Brazilian Institute of Responsible Gaming (IBJR) says more must be done to tackle the illegal igaming market if Brazil’s new debt relief program, which bans those enrolled from accessing gambling platforms for a year, is to succeed.
President Luiz Inácio Lula da Silva revealed the Novo Desenrola Brasil scheme as part of Brazil’s Labor Day celebrations earlier this month.
While it caps interest rates at 1.99 per cent and provides discounts on total debt of between 30 per cent and 90 per cent, it also blocks those who have signed up from accessing gambling platforms licensed by the Ministry of…