Monday is the deadline to withdraw money from betting sites
Bettors have until 11:59 PM to withdraw funds directly from platforms, which will go offline from midnight.
TL;DR
- The deadline for bettors to voluntarily withdraw funds from betting platforms is 11:59 PM on October 5th.
- Authorized betting sites and apps must be taken offline starting at midnight on October 6th.
- Companies will inform banks of remaining user balances by October 8th, with financial institutions handling repayments between October 9th and 14th.
- Caixa Econômica Federal will mediate payments for any amounts that cannot be returned by banks after October 14th.
- Approximately 23 million bettors are estimated to have had accounts with balances on these platforms, with about R$ 1.7 billion expected to be returned.