Brazil’s TSE prohibits election betting under digital-platform rules
Operators in Brazil must exclude election-related contracts because the reported rules define such betting as an electoral offence.
Operators in Brazil must exclude election-related contracts because the reported rules define such betting as an electoral offence.
Unresolved regulatory oversight leaves Kalshi and other potential providers without clarity on which Brazilian authority governs these markets.
The clarified rules limit Brazilian prediction-market platforms to economic indicators, excluding election and sports-outcome contracts.