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Brazil committee seeks further data as deputies debate fixed-odds betting ban

Regulation

Brazil’s Chamber of Deputies said it would seek more data from the Finance Ministry, the Secretariat of Prizes and Betting, and the Central Bank after a hearing on Bill 180/2026. The proposal would ban fixed-odds betting nationwide; the Finance Ministry said legal platforms had 31 million registered CPF numbers and bettors’ losses reached R$36.8 billion in 2025. The bill remains under consideration and will be discussed at further hearings.

The proposed nationwide ban could change the rules for licensed betting operators if lawmakers advance the bill.

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Regulation

Five Brazilian betting associations urge talks on fixed-odds betting ban

Five Brazilian betting associations called on federal authorities and Congress to revisit the fixed-odds betting ban in a joint statement released on 26 October. They said future rules should preserve regulatory progress, strengthen anti-gambling efforts and provide greater legal certainty for operators and investors.

A joint statement dated 26 October saw regulated betting operators in Brazil welcome the re-election of President Luiz Inácio Lula da Silva and press for fresh discussions on fixed-odds betting in the country. Federal authorities and the National Congress are urged in the statement to revisit the regulation identified as PM 1394/2026, which prohibited fixed-odds betting. According to the associations, any alternatives ought to preserve regulatory progress, step up anti-gambling efforts and provide operators and investors with greater legal certainty.

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