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Brazil’s SPA opens consultation on fixed-odds betting suppliers

Regulation

Brazil’s Secretariat of Prizes and Betting (SPA) opened a public consultation on 30 January to inform rules on recognising fixed-odds betting suppliers’ operational capacity. The consultation runs from 4 February to 23 March, after which the SPA will review submissions and publish its analysis.

The proposed recognition rules could set operational requirements for suppliers serving Brazil’s fixed-odds betting operators.

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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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