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Brazil’s Finance Ministry requires risk warnings in betting adverts from 17 July

Regulation

Brazil’s Secretariat of Prizes and Betting published Ordinance SPA/MF No. 1,964 on 10 July 2026, requiring risk warnings in all fixed-odds betting advertising from 17 July. Each advert must display one of three prescribed messages, while a separate provision governing promotional prize draws was revoked with immediate effect on 10 July.

Operators must update advertising materials to include one of the required warnings by 17 July.

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Regulation

Brazil requires warnings on licensed betting adverts under new rules

Brazil’s Ministry of Finance will require licensed betting advertisements to carry official warnings under new rules announced by Finance Minister Dario Durigan, according to the report. The rules restrict urgency claims, the use of winnings to encourage bets and betting promotions by commentators or experts. Operators may face fines of up to 20% of revenue, suspension for up to 180 days or licence revocation for serious repeat offences.

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