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Aécio Neves proposes nationwide restrictions on betting advertising

Regulation

Federal deputy Aécio Neves scheduled a meeting with Chamber of Deputies leader Hugo Motta on 8 July to present a proposal restricting online betting advertising in Brazil. The draft would bar promotion across mass media and the use of artists, influencers and other public figures, while allowing advertising on operators’ own websites and apps and sponsorship of arenas and sports teams. The proposal has not been described as introduced or approved.

If enacted, the proposal would narrow the advertising channels available to betting operators in Brazil.

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Regulation

Brazil finance minister says betting suspension will require 2027 budget adjustment

Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.

Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.

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