ANJL and IBJR ask Supreme Federal Court to suspend Brazil betting ban
By SectorWire desk · · Updated
Summary
ANJL and IBJR have asked Brazil’s Supreme Federal Court to suspend Provisional Measure 1,394, which prohibited betting site operations. The trade bodies argue that the measure lacks constitutionally required urgency and threatens existing authorisations. They alternatively seek an extension of at least six months to the measure’s deadlines.
Why it matters
The trade bodies argue that the ban threatens operators’ existing authorisations after they invested in Brazil’s regulated market.