Home	Tutorial	Online Casino Reviews	Best Online Casinos	Casino Software	Casino News

Online Casino Gambling --- Casino News

Scope of the Online Casino Ban

The prospect of a Brazilian ban on online casino gambling activities equivalent to the UIGEA is becoming more of a reality every single day. The Brazilian government is keen of blocking internet gambling in the country as a part of established and last land gambling policies in the Brazil. The main problem though has been the pervasiveness of the internet and the online casinos themselves. There is really no effective way to ban internet gambling and so Brazil is actively pursuing legislation that would nearly mimic the US’s highly controversial UIGEA by blocking and banning the financial transactions between internet gambling companies and financial institutions such as credit card companies and the like. The latest announcement on the ban though indicates that a companion bill is looking to really expand the scope of the ban to include lottery games as well as the online casinos and related internet gambling companies.

The bill is no longer in the development stages but is likely to still see some changes as it makes it way to the Senate Communications and Technology Committee for scrutiny. The initial bill was proposed by Senator Magno Malta well over a year ago and now a second companion bill to the first has really upped the anti and not only expanded the scope of the bill, but it also outlines some of the punishment measures that would be in place to really provide teeth to the bill. Senator Alves Filho filed the companion bill and his specific additions to the ban on online casinos includes the expansion of the bill to also cover Brazilian ISPs and any financial intermediaries.

Perhaps the most alarming part of the bill for the online casinos and payment processors currently operating in the market are the criminal sanctions of three years in prison for those companies and financial institutions that disobey the proposed ban and still operate in the market. The bill has not passed yet but there are several major European brands operating in the Brazilian market that are watching the progress of the bill with a very wary eye.