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Brazil's government withholds studies underpinning betting ban

Regulation

A Brazilian opinion column argued that the Lula government's Casa Civil withheld studies and legal opinions behind MP 1.394/2026, which banned bets in Brazil. The Casa Civil rejected two LAI requests on 29 October, citing lawyer-client confidentiality, while the Ministry of Justice classified the documents for five years. The column contrasted this with PT criticism of restricted pension-reform studies in 2019.

Regulators and investors face limited scrutiny because studies and legal opinions underpinning Brazil’s betting ban remain withheld or classified.

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