Brazil’s Finance Ministry defends fixed-odds betting ban before Supreme Court
Brazil’s Finance Ministry defended the fixed-odds betting ban before the Supreme Federal Court on 3 November, while describing the regulated market it had built as a significant advance. The ministry said licensing had improved supervision and player protection but had not contained gambling-related harms; opponents challenged its case and proposed a model based on federal lotteries run by Caixa.
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The court’s consideration of the ban could determine whether fixed-odds betting remains prohibited in Brazil.