Brazil’s Secretariat of Prizes and Betting met Caixa Loterias in Brasília on 16 June to discuss regulation of fixed-odds betting. Caixa Loterias has applied to operate in the online betting and gaming market; the meeting covered regulatory issues, the Ministry of Finance said.
The discussion concerns regulatory requirements for Caixa Loterias’ proposed entry into Brazil’s online betting market.
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Brazil’s MP 1,394/2026 prohibits fixed-odds betting, according to a report discussing the measure and its effects on licensed operators. The report says 85 operators paid R$30 million each for five-year authorisations, totalling R$2.55 billion, and that the government will not refund fees for unused periods. Finance Minister Dario Durigan said investors would have predictability in Brazil.
Brazil's government has prohibited fixed-odds betting through MP 1,394/2026, according to the report. The measure ends authorisations that had been active for 22 months. The government will not refund the authorisation fees or the portion covering the remaining period, the report says.
Supreme Federal Court minister Luiz Fux said at a public hearing in Brazil that he believed betting should be prohibited, while the court considers challenges to the proposed ban on fixed-odds betting. Club representatives defended the regulated market; Flamengo said the measure could put about R$430 million in annual income at risk. The court’s other members will decide on the measure’s constitutionality.
Brazil’s deputy prosecutor-general Luiz Augusto Santos Lima said at an STF public hearing on 3 November that the prosecutor-general had not yet reviewed the case challenging the provisional measure on fixed-odds betting. Justice Luiz Fux said the court could return the issue to the legislative and executive branches, and noted that the STF would need to consider eight constitutional actions if asked to rule.
Brazil's Procuradoria-Geral da República (PGR) did not state a position on the provisional measure that banned fixed-odds betting in the country. This came at the end of a public hearing convened by Justice Luiz Fux of the Supremo Tribunal Federal (STF) on 3 November. Deputy prosecutor-general Luiz Augusto Santos Lima said the prosecutor-general had not yet reviewed the case challenging the measure.
Brazil’s Provisional Measure 1.394/2026 prohibits fixed-odds betting and related advertising, marketing and sponsorship, according to an opinion article. It requires advertising and sponsorship materials to be removed within ten days of publication and operators’ existing authorisations to end after 30 days. The article says the changes raise questions about existing commercial contracts.
Brazil's Provisional Measure 1.394 of 25 September 2026 prohibits fixed-odds betting in the country, according to an opinion article. The article was written by Marcos Paulo de Castro Pereira, a lawyer at Ciscato Advogados Associados.
Brazil’s government is seeking congressional approval of a provisional measure banning fixed-odds betting by 20 December, but formal committee proceedings have not begun. The measure has 94 amendments pending, and is due to enter an expedited procedure on 9 November; it could expire on 4 March 2027 if Congress does not approve it, according to a calculation cited in the report.
Brazil's government is seeking congressional approval by 20 December of Provisional Measure (MP) 1.394/2026, which would ban fixed-odds betting, but the measure has not begun formal committee proceedings in Congress. According to Congress's website, the measure remains awaiting the establishment of the committee; members have been nominated, but no president or rapporteur has been appointed, which has held up consideration of 94 outstanding amendments.