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Brazil’s SPA schedules review of federal lottery rules for 2026–2027

Regulation

Brazil’s Secretariat of Prizes and Betting (SPA) said it will include a review of rules for Caixa-operated lotteries in its 2026–2027 regulatory agenda. The review will allow formal consideration of an association proposal to replace printed Federal Lottery tickets with electronic records, but the SPA has not endorsed the proposal or set a completion date.

The review could affect ticketing rules and operating conditions for Brazil’s federal lottery.

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Deals & M&A

Caixa studies Uruguay betting model after postponing its launch

Caixa Econômica Federal reportedly sent three executives to Montevideo from 24 to 26 September to examine Uruguay’s state-run fixed-odds betting model. The visit followed Caixa’s decision to defer its planned Brazilian betting platform from 2026 to 2027, or possibly abandon it; the institution had paid R$30 million for an operating authorisation.

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