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.
Operators may pursue claims over authorisation payments, investments and contracts affected by the ban.