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

Regulation

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.

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Regulation

Brazilian football bodies oppose potential online casino ban

Brazilian football federations and clubs issued a manifesto against a possible online casino ban. The manifesto supports a regulated betting market.

A manifesto against a potential ban on online casinos has been issued by federations and teams in Brazil, according to a document released on Thursday. The text carries the title "The End of Brazilian Football" and was put out by the São Paulo and Rio de Janeiro football federations. Corinthians, Palmeiras, Santos, São Paulo, Botafogo, Flamengo, Fluminense, Vasco da Gama and Cruzeiro backed the statement and published it on their official websites. It answers the prospect that the Lula administration could issue a provisional measure banning online casinos.

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