ANJL adviser says Brazil betting ban could cost government R$120bn
A lawyer and consultant to the National Association of Games and Lotteries (ANJL) said a proposed ban on fixed-odds betting could expose Brazil’s federal government to costs of up to R$120bn. The report says the final text of the provisional measure had not been published by its deadline and that Congress would have up to 120 days to decide whether to convert it into law; IBJR said it would seek reimbursement through the courts.
The proposed ban could prompt claims against the government from authorised operators over fees and investments.