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Brazil Shuts Down Over 2000 Betting Sites, Says Country Suffering From Gambling ‘Pandemic’

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2 months ago

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The Brazilian government has begun closing down several betting sites in the South American country.

 

Already, more than 2000 betting sites, including those that sponsor popular football team Corinthians and other first-division clubs, have been shut.

 

President Luiz Inacio Lula da Silva’s government has warned sites that failed to sign up to new regulations due to take effect in January.

 

The new rules seek to combat fraud and money laundering and protect users, by for example banning minors from betting.

 

The country is making the moves as part of a push to regulate online gambling.

 

 

According to Brazil Finance Minister, Fernando Haddad, the country which is Latin America’s biggest economy is struggling a betting “pandemic,” prompting the government to tighten the screws on the sector.

 

In 2018, Brazil legalised sports betting sites.

 

The move led to gambling operating in a regulatory free-for-all, especially as there were virtually no taxes paid.

 

 

Asides from betting on Sports, gambling in Brazil has taken a new turn, with gambling on games like Aviator, where players gamble on the flight of a virtual airplane, or the online casino game Fortune Tiger.

 

 

On the blacklist is Esportes da Sorte, which sponsors Corinthians, one of Brazil’s most popular football clubs, as well as Athletico Paranaense, Bahia and Gremio de Porto Alegre.

 

The ministry said the betting sites would be blocked and banned from advertising, and sponsoring football clubs.

 

 

More than 200 other sites will be allowed to continue to operate after agreeing to the new rules.

 

 

Brazil’s central bank estimates that 24 million out of Brazil’s 212 million inhabitants, roughly one in nine people, gamble online.

 

 

 

Lula warned recently that betting was causing many low-income Brazilians to get into debt.

 

“Anyone who is not regularised, or in the process of being regularised, is being taken off the air,” Haddad said in a statement.

 

According to the finance ministry said it had identified 2,040 “suspicious domains” which it had asked the telecoms regulatory agency Anatel to block.

 

 

 

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Lagos Takes a Giant Leap Towards a Cleaner, Greener Future with Proper Waste Disposal Bins

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23 hours ago

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December 11, 2024

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Join the Movement to Build a Culture of Proper Waste Segregation and Disposal in Lagos. 

 

As part of its efforts to promote a cleaner, greener, and healthier environment, The Architects Place Ltd In conjunction with the Ministry of Environment and Water Resources has launched an initiative to provide proper waste disposal bins across the state.

 

The initiative, which is aimed at building a culture of proper waste segregation and disposal, is designed to encourage residents, businesses, and institutions to properly dispose their waste and recyclables.

The proper waste disposal bins, which are designed to accommodate different types of waste, including recyclables, organics, and non-recyclable waste, will be strategically located in public spaces, markets, and other high-traffic areas.

 

This will help to reduce the amount of waste that ends up in landfills and waterways, improving environmental health and reducing the risk of disease. By providing separate bins for recyclables, the initiative will encourage residents and businesses to recycle more, reducing waste and conserving natural resources.

 

We urge all residents, businesses, and institutions in Lagos to join us in this effort to build a culture of proper waste segregation and disposal. Together, we can make a difference and create a cleaner, greener, and healthier environment for all.

 

For more information on the proper waste disposal bin initiative, please contact:

 

Ministry of Environment & Water Resources, Alausa Lagos State.

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News and Report

National Grid Collapses 12th Time In 2024

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23 hours ago

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December 11, 2024

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Nigerians were left in darkness on Wednesday following yet another collapse of the national power grid.

 

Since January 2024, the grid has collapsed 11 times.

 

 

In just one week in October, the grid failed three times, causing widespread blackouts and prompting reactions from Nigerians

 

 

A tweet from Nigeria’s National Grid official handle confirmed the collapse at approximately 2:09 pm on Wednesday.

 

“The major grid setback has occurred and the restoration is to commence,” the tweet stated.

 

 

 

 

More to come…

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News and Report

Just In: Abuja High Court Denies Yahaya Bello’s Bail Request…..

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2 days ago

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December 10, 2024

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A High Court of the Federal Capital Territory (FCT) in Maitama has rejected the bail request by former Kogi State Governor, Yahaya Bello.

 

Bello is standing trial, along with two others, on an alleged N110bn money laundering charge brought against him by the Economic and Financial Crimes Commission (EFCC).

 

Justice Maryanne Anenih, in a ruling on Tuesday, faulted the competence of Bello’s bail application, stating that it was filed prematurely.

 

Justice Anenih held that, since the application was made when Bello was neither in custody nor before the court, it was deemed incompetent.

 

She said: “Consequently, the instant application, having been filed prematurely, is hereby refused.”

 

 

 

More to come…

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