A media report said Bradesco BBI’s Brazil betting GGR estimates conflict with figures published by the Finance Ministry’s Secretariat of Prizes and Betting. The regulator reported R$36.9bn for the regulated market in 2025, while the report put first-half 2026 GGR at R$20.07bn and projected R$40bn–R$43bn for the full year.
Conflicting GGR figures complicate investor and operator assessments of Brazil’s regulated betting market.
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A Portuguese-language opinion article argues that Brazil should address betting through evidence-based regulation rather than calls to prohibit it. It says fixed-odds betting regulation required more than 100 documents from operators and included identity checks, financial controls, anti-money-laundering measures, age restrictions and taxation. The author also says the Secretariat of Prizes and Bets had proposed a consultation to tighten oversight.
According to the author, Paula Lavigne is taking part with First Lady Janja in a campaign against betting, summed up by the slogan "Bets Nunca Mais" (Bets Never Again). The same piece holds that public policy should be built on evidence, proportionality and regulatory capacity instead of slogans or selective convictions.
Brazil’s government classified documents used to prepare its betting ban for five years, under a decision signed on 24 September, according to the report. Licensed operators are challenging the measure at the Supreme Federal Court and preparing to seek the return of about R$2.5bn in licence fees; the Congress review period ends on 23 November.
Brazil’s Chamber of Deputies Finance and Taxation Committee approved a request on 5 November 2026 for a public hearing on online betting taxes, financial controls and the reported Willer Tomaz–Blaze case. The request invites government and financial authorities to discuss oversight; the hearing date has not been set, and the request says it does not prejudge wrongdoing or responsibility.
The Finance and Taxation Committee (CFT) of Brazil's Chamber of Deputies approved a request from deputy Hildo Rocha (MDB-MA) for a public hearing on Wednesday. The hearing does not yet have a date.
Industry representatives warned at a Supreme Federal Court hearing in Brazil that the betting ban could shift activity to unlicensed operators. The Ministry of Justice said it had requested the removal of 36,905 websites between 25 September and 29 October; representatives also said betting volumes fell 32% in the latest three-month data compared with a year earlier.
A debate has intensified in Brazil over whether the betting ban protects consumers or steers gambling toward unregulated operators. The matter featured at a Supreme Federal Court (STF) public hearing on Tuesday. At that hearing, 34 entities discussed Provisional Measure 1.394, the measure that banned betting in Brazil.
Brazil’s Secretariat of Prizes and Betting said it had found no studies assessing the effects of banning fixed-odds betting, online games or sector advertising. The Finance Ministry gave that response on 24 September 2026, less than a day before the government issued Provisional Measure 1.394/2026, which prohibited sports betting, online casinos and related advertising nationwide.
Brazil's Secretariat of Prizes and Betting (SPA) told a freedom-of-information request on 24 September 2026 that it had no study on the impact of banning fixed-odds betting. Less than 24 hours later, the government issued Provisional Measure 1.394/2026, which banned sports betting, online casinos and sector advertising across the country.