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ANJL – FairOdds Network

Tag: ANJL

ANJL slams anti-betting comments from financial association director

The National Association of Games and Lotteries (ANJL) has hit out at “disrespectful” anti-betting comments from the director of the Brazilian Association of Financial and Capital Market Entities (Anbima).

The response from the ANJL comes after Aquiles Mosca, CEO of the financial institution BNP Paribas in Brazil and director of Anbima, wrote an article published in the Brazilian newspaper Valor Econômico last week. It was titled “Bets: The bookmaker who lives in your pocket will make you unhappy”.

In the article, Mosca slammed the regulated online betting sector in Brazil, which launched on 1 January. He detailed the potential consequences of addiction such as marital problems, bankruptcy and suicide.

The ANJL, alongside the Brazilian Gaming Association (Abrajogo), the National Gaming Association (AIGaming) and the Brazilian Institute of Legal Gaming (IJL), defended the licensed betting sector in a note of repudiation issued on Friday (4 April).

“By comparing the regulated bettin..

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ANJL: Brazil black market will grow if betting law is deemed unconstitutional

The National Association of Games and Lotteries (ANJL) has said Brazil's black market activity would increase if the Supreme Court deems its betting law unconstitutional.

On Monday (11 November), the ANJL shared its thoughts at the ongoing Federal Supreme Court (STF) hearing which will determine whether Law No 14,790/2023 for legalised sports betting in Brazil is considered unconstitutional.

The two-day public hearing this week is investigating the impacts of betting in Brazil, with a number of big industry names speaking at the event. It was initiated after Brazil’s third biggest trade union, the National Confederation of Trade in Goods, Services and Tourism (CNC), requested the betting law be declared unconstitutional.

The union filed an ADI (Ação Direta de Inconstitucionalidade), which is a legal action in Brazil that seeks to uphold a law or act that goes against the constitution.

The rapporteur of ADI 7721 is minister Luis Fux, who said on Monday the STF must assess t..

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Brazil’s IBJR members agree to expedite credit card ban to October

The National Association of Games and Lotteries (ANJL) and the Brazilian Institute of Responsible Gaming (IBJR) have both advised their members to bring forward their ban on gambling with credit cards. All of the IBJR's members have agreed to expedite the ban.
Published in April, Normative Ordinance No 615 banned the use of credit cards, crypto, cash, payment slips or cheques for betting when the legal Brazil online betting market goes live on 1 January 2025.

However only companies already active in Brazil that have applied for a betting licence will be able to continue operating from 1 October.

Both the ANJL and IBJR have urged their respective members to voluntarily bring forward the prohibition of credit cards after discussions with the ministry of finance. For the IBJR, which claims its members account for around 70% of the betting market in Brazil, the move is aligned with its wider objective to secure a safe betting market in the country.

Notably, the ANJL said almost a..

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