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AGU asks STF to strike down Brazil's betting law

By SectorWire desk ·

Summary

The report said that AGU asked Brazil's STF in 2026 to strike down the betting law, reversing the government's earlier defence. The report said the Finance Ministry had warned the court that overturning the law would push betting into the illegal market.

Why it matters

AGU’s reversal challenges Brazil’s betting framework, while the Finance Ministry warns overturning it would push betting into illegal markets.

Entity maplicensed byappointed atADI 7721CoafBrazilPGFNAGUMinistry of FinanceSTFMinistry of SportAppuestaLuiz Fux
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