Brazilian Senator Seeks €30 Monthly Betting Deposit Cap

A Brazilian bill would set a default monthly betting deposit ceiling of R$80, roughly €30, across all licensed betting operators in the country.

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The proposal, filed by Senator Camilo Santana of the Workers Party, would change Brazil’s 2023 betting law and introduce a national spending threshold for fixed-odds wagering.

The limit would not apply separately to each bookmaker. It would cover the total amount deposited by a bettor across every authorised operator during a calendar month.

That distinction could make the proposal far more restrictive than a simple operator-level cap.

Bettors could seek higher limits

The R$80 ceiling would serve as the standard limit. Bettors who want to spend more would have to demonstrate that they can afford it.

Under the proposal, an increased limit could reach 5% of the bettor’s proven monthly income. The Ministry of Finance would determine how financial capacity is assessed and how often it must be reviewed.

Santana’s proposal links the measure to the risk of bettors taking on excessive debt through gambling. He argues that Brazil’s regulated market has made progress but needs additional safeguards as its operation develops.

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The bill draws on deposit-control systems used in countries including Germany, Belgium and the Netherlands. The limits in those markets are generally higher, but Santana’s approach would establish a much lower starting point tied to Brazil’s minimum wage.

The R$80 figure represents approximately 5% of the current minimum wage.

The proposal would also allow the Ministry of Finance to adjust the amount over time so that inflation does not gradually erode its value.

Operators would have to return excess deposits

The bill would place a direct obligation on betting companies.

If a bettor deposits more than the permitted monthly amount, the operator would have to return the excess immediately. Other penalties available under Brazilian gambling legislation would remain applicable.

The calculation would cover deposits made with different licensed operators, rather than treating each betting account in isolation. Winnings and money returned to the bettor would not count toward the monthly deposit total.

That would require the system to track a bettor’s deposits across the regulated market, rather than simply monitoring activity within individual sportsbooks.

The proposal still faces the legislative process in Brazil’s National Congress and would need to be approved before becoming law.

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If enacted, the new rules would take effect 90 days after publication.

Source: focusgn.com