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Banca Akros analysts say Italian gaming reform could enable concessionaire consolidation

Regulation

Banca Akros analysts said a possible reform of Italy’s land-based gambling concessions could allow larger operators to acquire smaller rivals. The government was reportedly considering a technical extension of the current regime, due to expire in December, while preparing new long-term concession tenders; the proposals remain under discussion.

Potential extensions and new tenders affect concessionaires’ planning and prospects for consolidation.

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Regulation

Brazil’s STF weighs betting suspension as legal challenges raise uncertainty

Brazil’s Supreme Federal Court (STF) is considering the constitutionality of Provisional Measure 1,394/2026, which temporarily suspended the regulated fixed-odds betting market. At a 3 November hearing, Justice Luiz Fux raised questions about legal certainty, non-retroactivity and the measure’s constitutional basis; the source says the court may consider how a ruling affects companies already approved. A separate appellate ruling granted temporary relief to CDA Gaming, though the source text ends before detailing its effect.

Justice Luiz Fux of the Supreme Federal Court (STF) scheduled a hearing on November 3, and 36 associations attended to debate Provisional Measure (MP) 1,394/2026. Under that measure, Brazil's regulated fixed-odds betting market was put on temporary hold.

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