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Brazil extends fixed-odds betting ban by 60 days

Regulation

Brazil’s Congress has extended Provisional Measure 1.394/2026 by 60 days, keeping its ban on fixed-odds betting activities and advertising in force while lawmakers consider the measure. Congress president Davi Alcolumbre signed the extension, published on 11 November; the deadline for completing consideration is 4 March 2027. The joint committee assigned to examine the measure has not yet begun work, and 99 amendments remain pending.

Operators and suppliers remain subject to the ban while Congress considers the measure and its amendments.

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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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