RegulationAffPapa · 4h ago
Brazil suspends Pixbet with €33K daily fine
By Alla Basentsyan•August 18, 2026
The brief
The Ministry of Finance of Brazil has ordered sports betting company Pixbet to immediately suspend operations, cancel ongoing bets, and return all wagered funds to its users in connection with regulatory compliance breaches. In addition to the suspension, the Ministry has also required Pixbet to pay a daily €33,400 fi…
Original report
AffPapa
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