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    Brazil orders direct bank controls to stop illegal gambling flows

    Brazil orders direct bank controls to stop illegal gambling flows

    Brazil's Secretariat for Prizes and Betting (SPA) has introduced Ordinance SPA/MF No. 2,750/2026 to combat illegal gambling by implementing direct bank controls. This regulation mandates procedures for financial institutions to identify and disrupt money flows supporting unlicensed operators within the Brazilian market. It signifies a major governmental effort to enforce compliance and protect the regulated sector.

    Summary based on reporting by SBC News, which retains all rights to its text and images.

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