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Brazil's SPA opens consultation on fixed-odds betting revenue allocations

Regulation

Brazil’s Secretariat of Prizes and Betting opened a public consultation on 23 June 2025 to review how fixed-odds betting proceeds are allocated and paid. The consultation runs until 6 August 2025 and covers statutory beneficiaries, including sports bodies and government agencies.

Operators may need to account for revised procedures for distributing statutory betting proceeds.

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Brazilian government prohibits fixed-odds betting under MP 1,394/2026

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.

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