Brazil’s Ministry of Finance appointed Daniele Correa Cardoso as secretary of its Prizes and Betting Secretariat, formalising her role after she had served on an interim basis. The appointment was published in the official gazette on 16 April. The same publication designated Fabio Augusto Macorin as deputy secretary.
The appointments set the leadership of Brazil’s authority responsible for regulating fixed-odds betting.
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Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.
Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.
Brazilian government leader in Congress Senator Randolfe Rodrigues said the government would seek to pass the provisional measure banning sports betting and online gaming without amendments. He said a joint committee could be installed the following week, with votes in both houses targeted for 2026, although review could slip to 2027. Finance Minister Dario Durigan said the proposed ban would reduce projected 2027 Selective Tax revenue and require budget adjustments.
The joint committee that will evaluate Brazil's provisional measure banning sports betting and online gaming could be installed next week. The government's support base intends to leave the text entirely intact. Some amendments submitted to the measure propose leaving room for sports betting to continue.
Brazil’s Planning Ministry, Federal Revenue study centre and Civil Office reportedly disclosed that they had no impact study or estimate on the betting prohibition. The responses covered assessments of the policy and, in the Revenue centre’s case, documents produced after the measure was published.
Brazil's Planning Ministry, the Federal Revenue's tax and customs studies centre (CETAD) and the Civil Office of the Presidency did not present any study, technical note or impact estimate of the betting prohibition, according to the report. Their responses came to freedom-of-information requests that were filed on 20 September.
Brazilian Finance Minister Dario Durigan said on 5 November that the federal revenue estimate from betting would be removed from the 2027 budget proposal, with losses expected to be offset elsewhere in the economy. He estimated that about R$60bn a year would shift from betting to sectors such as retail and wholesale; the report disputes that figure, citing official data of R$36.9bn in operator gross gaming revenue in 2025 and R$20.07bn in the first half of 2026.
Brazilian Finance Minister Dario Durigan said in an interview on Thursday that the estimate of federal revenue from betting houses would be removed from the 2027 annual budget bill, known as the Ploa. According to the minister, the loss will be offset in other areas of the economy.
Brazil’s MP 1,394/2026 prohibits fixed-odds betting, according to a report discussing the measure and its effects on licensed operators. The report says 85 operators paid R$30 million each for five-year authorisations, totalling R$2.55 billion, and that the government will not refund fees for unused periods. Finance Minister Dario Durigan said investors would have predictability in Brazil.
Brazil's government has prohibited fixed-odds betting through MP 1,394/2026, according to the report. The measure ends authorisations that had been active for 22 months. The government will not refund the authorisation fees or the portion covering the remaining period, the report says.