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Sports bets were legalized in Brazil in 2024 but never regulated. Since then, dozens of betting firms, including bet365, Betano and Betfair, have been aggressively expanding in the country. Our Standards: The Thomson Reuters Trust Principles.
For example, Bet365 was taken to court for refusing to pay over 1 million in winnings to a horse bettor in Northern Ireland in 2024. The company refused a payout of 54,000 to a customer in England in 2024, a case which was still ongoing in 2024.
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