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Stake Loses Its Temporary Lifeline in Brazil After Only One Day

Stake Loses Its Temporary Lifeline in Brazil After Only One Day

Photo: GamblingNews

Online casino Stake has lost its brief legal reprieve in Brazil after a federal appeals court overturned an injunction that let the betting platform operate until October 25 , despite the government’s nationwide gambling ban . With legal challenges mounting and the sector’s future remaining unclear, operators with Brazilian licenses are scrambling to defend their investments. Stake Had No Time to Enjoy Its Win On Friday, October 9 , the Federal Regional Court of the 3rd Region granted the federal government’s request to suspend a previous day’s decision by São Paulo’s 9th Federal Civil Court .

Source: GamblingNews

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