🇧🇷 Brazil Proposes Betting Ad Ban

The Brazilian Senate's Science and Technology Commission has approved a bill to prohibit advertising for gambling and betting in the nation. This move signals a substantial step towards stricter regulations in Brazil, Latin America's largest market. The proposal still needs to pass further legislative hurdles before becoming law, but its progress has sparked intense debate. Critics argue that such a ban may drive activities underground, hurting financial support for sports and social initiatives. Meanwhile, supporters claim it will shield users and minors from gambling exposure. What does this mean for operators, and could other markets follow suit? 🤔