According to data obtained by Coluna do Estadão through the Access to Information Law, Finance received R$6.8m (US$1.2m) in January; R$7.2m (US$1.27m) in February; and R$7.4mn (US$1.3m) in March.
On average, the monthly amount in the quarter was R$7.1 million (US$1.25m). The transfer for April, which can be made by ‘Bets’ until this Saturday, the 10th, was not detailed by the ministry.
The inspection fee is paid for each 'Bet', according to the money spent on the company's operating and maintenance. The payment, in exchange for commercial exploitation, is transferred to the National Treasury account.
The ’Bets’ law was sanctioned in Brazil in December 2023, after being approved by the National Congress. In 2024, the Ministry of Finance regulated the matter and detailed rules for the operation of the sector.
To operate in the country for the next five years, each company had to pay a grant of R$30 million (US$5.3m), in addition to complying with a series of legal requirements, such as combating fraud, money laundering and abusive advertising.
‘Bets’ complain about Apple and Google vetoing apps
In recent weeks, ‘Bets’ have complained to the ministry, without success, that Google and Apple veto the apps of betting companies on their devices.
The Play Store, the app store for the Android mobile system, only allows Caixa lottery and horse racing apps.
55% of Brazilian gamblers cite distrust in 'Bets'
Distrust in 'Bets' is a major concern for 55% of Brazilian gamblers, according to a survey by Playtech, a world leader in online gaming technology.
For 74%, some sports matches are manipulated and another 51% cite concerns about data security during online games.
Source: Estadão
