Economic and social impacts of illegal gambling

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Illegal betting, by escaping the imposed regulations, creates a significant impact on the Brazilian economy and society. From an economic point of view, tax evasion generated by the operation of clandestine betting sites represents a significant loss of revenue for the government. It is estimated that billions of reais are lost annually due to these irregular operations.

Furthermore, illegal gambling also has serious social implications. Without proper canada phone number list supervision, players can be exposed to fraud, gambling addiction and even money laundering schemes. The lack of consumer protection mechanisms increases users’ vulnerability to these risks, further exacerbating the problem.

According to data from the Brazilian Association of Gambling Studies (ABEJ), the number of people affected by disorders linked to pathological gambling has grown at an alarming rate. This highlights the urgency of more effective regulation. “The lack of adequate regulation not only harms government revenue, but also exposes citizens to profound social harm,” ABEJ stated in a recent statement.

Solutions and next steps
Given this scenario, the Brazilian government has been looking for alternatives to tackle the problem more effectively. One possible solution would be to improve monitoring and blocking technologies. In addition, stronger international collaboration with countries where betting platforms operate could also be a way to control the problem globally.

Another point is the implementation of stricter regulations for the use of VPNs and cryptocurrencies in the country, especially in high-risk sectors. By strengthening monitoring and enforcement, the government can ensure that operators and users act within the limits of the law.

Experts also argue that there is a need for greater public education about the dangers of illegal gambling. Awareness campaigns can help reduce demand for these platforms and, in turn, reduce the associated social and economic impacts.