{"id":11747,"date":"2025-05-14T13:30:42","date_gmt":"2025-05-14T13:30:42","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=gambling&#038;p=11747"},"modified":"2025-05-14T13:30:42","modified_gmt":"2025-05-14T13:30:42","slug":"squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting\/","title":{"rendered":"\u201cSqueeze Them, But Don\u2019t Kill Them\u201d: Brazil\u2019s Acting President Calls for Tighter Grip on Online Betting"},"content":{"rendered":"\n<p>During a public appearance at the <strong>APAS Show 2025<\/strong> in S\u00e3o Paulo, Brazil\u2019s acting president and vice president <strong>Geraldo Alckmin<\/strong> made headlines with a pointed statement: the government intends to \u201ctighten\u201d control over the country\u2019s burgeoning <strong>online betting industry<\/strong>, but without eliminating it.<\/p>\n\n\n\n<p>\u201cWe must regulate more strictly,\u201d Alckmin said, referencing the rise of so-called \u201cbets\u201d in Brazil, a booming sector that has drawn increasing scrutiny. His comment\u2014<strong>\u201cWe must squeeze them, but not kill them\u201d<\/strong>\u2014reflects a government strategy to increase taxation and operational limits while still preserving the market\u2019s economic potential.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" style=\"width:840px;height:auto\"\/><\/a><\/figure>\n\n\n\n<p>The urgency comes amid growing concern over the <strong>social and economic impacts of unregulated online gambling<\/strong>. Recent data from Brazil\u2019s Central Bank revealed that in <strong>August 2024<\/strong>, recipients of the <strong>Bolsa Fam\u00edlia<\/strong> welfare program spent over <strong>R$3 billion<\/strong> on online bets. Supermarket leaders have warned that betting may be cutting into essential food purchases.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting2.jpg\" alt=\"\" class=\"wp-image-11749\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting2.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting2-300x225.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting2-768x576.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In response, Brazil has already taken major steps: banning <strong>credit card use for online betting (effective January 2025)<\/strong> and initiating the <strong>blocking of over 2,000 unauthorized betting sites<\/strong>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/brazil-tightens-grip-on-illegal-betting-financial-institutions-barred-from-processing-unlicensed-operators\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brazil tightens grip on illegal betting: Financial institutions barred from processing unlicensed operators<\/a><\/p>\n\n\n\n<p>While the administration aims to collect more tax revenue from legal operators, it also seeks to curb the expansion of illegal platforms and <strong>protect vulnerable populations<\/strong> from addiction and overspending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazil\u2019s acting president Geraldo Alckmin says the country must \u201csqueeze but not kill\u201d online betting, as the government increases regulation, blocks illegal sites, and bans credit card usage.<\/p>\n","protected":false},"author":1,"featured_media":11750,"menu_order":145,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4315,844,105],"class_list":{"0":"post-11747","1":"gambling","2":"type-gambling","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-brasil","8":"tag-brazil","9":"tag-sports-betting","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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