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ANJL disputes link between Pix decline and Brazil betting ban

Regulation

ANJL said the Banco Central’s reported 10% fall in Pix transactions on 26–28 September cannot automatically be attributed to Brazil’s betting ban. Its calendar-matched comparison found transaction numbers fell 3.0% between equivalent August and September days, while the value moved rose 3.7%, from R$177.1 billion to R$183.7 billion.

The competing comparisons offer regulators and operators different readings of payment trends after the betting prohibition.

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Regulation

Brazil betting ban raises potential compensation disputes over R$2.55bn in authorisations

Brazil’s ban on online betting could prompt legal disputes over contracts and investments, lawyer Alberto Goldenstein said. Industry entities estimate that 83 companies paid about R$2.55bn for 85 five-year operating authorisations; the measure ends those licences without refunds or compensation. The Supreme Federal Court is reviewing the measure’s validity, while the federal government’s solicitor general supports the ban and industry representatives challenge its constitutionality.

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