Close Menu
    Facebook X (Twitter) Instagram
    Cloud Tech ReportCloud Tech Report
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Cloud Tech ReportCloud Tech Report
    Home»Crypto News»Bitcoin»‘Betting Makes You Lose Money’
    Bitcoin

    ‘Betting Makes You Lose Money’

    July 11, 2026
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    'Betting Makes You Lose Money'
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email
    coinbase


    Key Takeaways

    • Every ad from a licensed Brazilian operator must carry a Finance Ministry warning, such as “betting makes you lose money.”
    • Ads cannot present betting as investment, show winnings as bait, or use commentators’ authority to induce wagers.
    • Violators face fines up to 20% of revenue, 180-day suspensions, and license revocation; rules bite from July 17.

    A cigarette-label model for gambling ads

    Finance Minister Dario Durigan announced the package Thursday, with two ordinances slated for publication in the official gazette Friday and a compliance deadline of July 17. The centerpiece requires every advertisement from an authorized operator to carry one of three warnings in the Finance Ministry’s name, modeled on the labels long mandatory for cigarettes, alcohol, and medicines: “betting makes you lose money,” “betting can cause addiction,” or “betting is not an investment.”

    Operators are barred from creating a sense of urgency to bet, presenting wagers as investments or a financial solution for families, and showcasing winnings or prize histories as bait. “Nothing about displaying winnings as a lure, nothing about selling betting as easy money, as investment, or as a financial solution for families,” Durigan said, per Agência Brasil.

    A distinctive provision targets the sports-media ecosystem: commentators, pundits, and narrators may not use their authority to steer audiences toward bets. Statements carrying “a veneer of technical backing” that direct a consumer toward a specific wager are off-limits, Durigan said – a restriction that gained visibility during World Cup broadcasts, where the volume of betting promotion woven into transmissions has drawn public criticism. The minister also pledged zero tolerance for advertising that reaches children or adolescents.

    A second ordinance, issued jointly with the Justice Ministry, tightens the screws on unlicensed operators. Media outlets, advertising agencies, and influencers are prohibited from carrying any promotion for a platform not authorized to operate in Brazil – Durigan called the government’s stance on illegal operators “zero tolerance.” Since regulation took effect, authorities have taken down 56,000 illegal betting sites and roughly 1,000 influencer profiles, and around a million bettors have been placed in mandated self-exclusion for failing to meet legal requirements. Operators that violate the advertising rules face fines of up to 20% of revenue, suspension for up to 180 days, and, for serious repeat offences, revocation of their license to operate in the Brazilian market.

    bybit

    In recent months, Brazil has moved from blocking illegal betting sites to freezing and seizing the bank funds behind them under a June decree, while federal police have raided crypto-laundering betting rings tied to the illegal market. The government has also banned unlicensed prediction-market platforms such as Kalshi and Polymarket, classifying them as illegal betting rather than financial instruments. The new ad rules extend that pressure from the operators themselves to the media, agencies, and influencers that carry their promotion – tightening the perimeter around a market Brazil legalized only in January 2025, doing so at the sport’s highest-attention moment.



    Source link

    10web
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    This Corporate Holder Sold $87M in Bitcoin

    July 12, 2026

    Bitcoin Nears Late Stage of Bear Market: Jamie Coutts,

    July 11, 2026

    Bitcoin Whales Due Credit for $64,000 BTC Price Rebound, Says CryptoQuant

    July 10, 2026

    This Trader Sold His CASHCAT for $711 Instead of Retiring: Here’s the Math

    July 10, 2026

    Bitcoin Reclaims 63k but Traders Fear Correction Before Deribit Expiry

    July 9, 2026

    Fidelity’s FETH Drives $70.5 Million Ether ETF Inflow as Bitcoin Turns Negative

    July 9, 2026
    10web
    Latest Posts

    Tiny robot boats build floating structures | MIT News

    July 12, 2026

    How to Actually Make Money With AI (No-BS Guide)

    July 12, 2026

    Oracle Exploit Drains $9M From Bonzo Lend on Hedera

    July 11, 2026

    Learn AI Basics in 10 Mins | Complete Beginner Guide | Basics to Advanced

    July 11, 2026

    Bitcoin Nears Late Stage of Bear Market: Jamie Coutts,

    July 11, 2026
    murf
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    This Corporate Holder Sold $87M in Bitcoin

    July 12, 2026

    Crypto won the ETF fight but now the SEC is questioning if things have gone too far

    July 12, 2026
    kraken
    Facebook X (Twitter) Instagram Pinterest
    © 2026 CloudTechReport.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 64,017.00
    ethereum
    Ethereum (ETH) $ 1,816.70
    tether
    Tether (USDT) $ 0.999398
    bnb
    BNB (BNB) $ 579.12
    usd-coin
    USDC (USDC) $ 0.99983
    xrp
    XRP (XRP) $ 1.10
    solana
    Solana (SOL) $ 77.37
    tron
    TRON (TRX) $ 0.331127
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.04
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05