Brazil’s fixed-odds betting law establishes state oversight, authors argue
An opinion article argues that Brazil’s Law 14.790/23 brought fixed-odds betting within a formal regulatory framework rather than creating a new economic activity. It says the law reflects the Union’s constitutional authority to legislate on lottery products and establishes oversight of a sector that had operated outside the law.
The article presents the law as the basis for state supervision of fixed-odds betting operators in Brazil.