Brazil's MP 1.394 extinguishes betting market as legal fight looms
Regulation · SectorWire deskSource published
Summary
Brazil's provisional measure MP 1.394, issued on 25 September 2026, banned and cancelled the operations of all licensed betting operators, BNLData reported in an opinion article. The article says the market collected more than R$9bn in federal taxes in 2025 and that operators paid R$30m each in licence fees. It argues the measure's bar on refunds and compensation invites court challenges.
Why it matters
Operators that paid licence fees face uncertainty over refunds and contract losses under the measure.
Cite as: SectorWire, “Brazil's MP 1.394 extinguishes betting market as legal fight looms”, 17 October 2026, https://sectorwire.news/item/brazil-s-mp-1-394-extinguishes-betting-market-as-legal-fight-looms/