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[BUSINESS] · Brazil · 53 sources

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Brazil: Families lose R$62.5 billion to online betting

A study by Comsefaz and Cicef reveals that Brazilian families lost a net R$62.5 billion to online betting between October 2024 and March 2026. This amount represents an average monthly loss of R$4.7 billion, or approximately 0.68% of the Gross National Disposable Income of Brazilian families.

Data based on Central Bank payment statistics shows that nearly R$351 billion was moved via Pix transfers to betting platforms during this period. The report notes that the prohibition of betting for Bolsa Família beneficiaries has led to a measurable slowdown in transaction volumes, suggesting significant participation from lower-income households.

In response to these trends, Procon-RJ has released a consumer guide to warn against the risks of gambling, including debt, mental health issues, and the protection of minors. Additionally, the Federal Government offers a Centralized Self-Exclusion Platform to allow users to block access to authorized betting sites.

Entities

Banco Central of Brazil · Bolsa Família · Bolsa Família program · Brazil · Brazilian families · Central Bank of Brazil · Centro Internacional Celso Furtado (Cicef) · Centro Internacional Celso Furtado de Políticas para o Desenvolvimento (Cicef) · Cicef · Cicef (Celso Furtado International Center) · Cicef (Centro Internacional Celso Furtado) · Comitê Nacional de Secretários de Fazenda (Comsefaz)

Claims

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Sources

4 days ago
Custo social das bets [startupi.com.br]
7 days ago