Commission will investigate financial crimes related to online sports betting, popularly known as bets
The CPI das Bets will begin work on Tuesday (Nov. 19, 2024) with the mission of analyzing the 168 requests from its members, the majority of which refer to invitations and calls for deponents to investigate possible related financial crimes to online sports betting.
On the list, names like:
- Fernando Haddad, Minister of Finance;
- Dario Durigan, Executive Secretary of the Ministry of Finance;
- Roberto Campos Neto, president of the Central Bank of Brazil;
- Ednaldo Rodrigues, president of the CBF (Brazilian Football Confederation);
- Jojo Todynho, singer and media personality;
- Wesley Safadão, singer and digital influencer; and
- Tirulipa, comedian and digital influencer.
Created at the beginning of October with the support of 30 senators, the commission will have 130 days to complete its work and will be made up of 11 members and 7 substitutes. (PP-RR) will be the president of the collegiate, (MDB-SE) will be the vice president and the rapporteur will be in charge of (Podemos-MS), author of the request to open the CPI.
It involves issues such as money laundering, currency evasion and tax evasion to follow the trail of betting money. The destination of the payments will be investigated, whether the money remained in Brazil and was declared to the IRS, among other points.
It will also investigate how sponsorship contracts with football clubs and the CBF (Brazilian Football Confederation) are concluded, as well as the origin of the money.
PGR: BETS LAW IS UNCONSTITUTIONAL
The PGR (Attorney General’s Office) spoke out in support of the Bets Law (law 14,970 of 2023) and the text that authorized online fixed-odd betting (law 13,756 of 2018) in the action being processed in the STF (Supreme Federal Court) . The demonstration also calls for the effectiveness of legislation to be suspended and, thus, online betting companies to be banned in the country.
The opinion is signed by Attorney General Paulo Gonet. According to the PGR, the laws allow the “indiscriminate exploitation and dissemination” of sports betting.
According to Gonet, regulation is “insufficient” to protect consumer rights, given the “predatory” of the sports betting market.
