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FERNANDA, a cleaner from Rio de Janeiro, lists off the gadgets she bought to feed her online playing addiction, "https://atn.com.au/posts/secure-payments-fast-payid-withdrawal-in-2024.html} one in all hundreds of thousands of Brazilians caught in a betting craze that has swept the nation.

"I lost every thing," said the 34-year-old, whose title has been modified to protect her identification. "I offered my Tv, my washing machine, all the pieces in my residence."

Six years after Brazil legalised on-line sports betting, Latin America’s largest economy is battling what Finance Minister Fernando Haddad has known as a "pandemic," prompting the government to tighten the screws on the sector.

Brazil’s central bank estimates that 24 million out of Brazil’s 212 million inhabitants, roughly one in nine individuals, guess on-line on sporting occasions or on video games like Aviator, Fernanda’s favorite, where players gamble on the flight of a digital airplane.

Online gambling "is going to empty Brazilians’ fridges," warned Joao Pedro Nascimento, president of Brazil’s securities regulator (CVM).

Sports betting sites now sponsor most of Brazil’s main football clubs and flood Tv channels and social networks with ads featuring stars like Real Madrid striker Vinicius Junior.

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But in latest months they've come beneath rising scrutiny, with specialists warning of the chance to users’ psychological health and funds, and stories rising of money laundering by gambling websites.

Poor families hooked

In a recent bombshell report the central financial institution revealed that 5 million beneficiaries of the state’s Bolsa Familia allowance for poor families - one in 4 of all recipients - had spent a complete of three billion reais (S$705.6 million) on betting websites in August.

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"Many poor folks run into debt while making an attempt to earn cash with betting. We will have to regulate (the sector). Otherwise we will quickly have a on line casino in every kitchen," President Luiz Inacio Lula da Silva stated in late September.