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Brazil republishes betting decree with corrected provisions on illegal operators

Regulation

Brazil republished three articles of Decree No. 13,033, signed by President Luiz Inácio Lula da Silva, after errors were identified in the original text, according to the report. The revised provisions detail information required to document suspected illegal betting, allow appeals against asset-forfeiture decisions within 10 days and set out referral to the attorney general’s office for court action after administrative proceedings.

The corrected decree defines procedures affecting account blocks, appeals and asset forfeiture involving illegal betting operators.

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Brazil finance minister says betting suspension will require 2027 budget adjustment

Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.

Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.

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