Brazil’s Secretariat of Prizes and Betting issued rules on 10 November for betting operators to use their financial reserves to repay bettors. Each company’s reserve is R$5 million; operators short of funds may seek SPA authorisation, and approved money will go to Caixa Econômica Federal for refunds only.
The rules determine how operators can use reserved funds to meet outstanding repayment obligations to bettors.
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The report describes debate in Brazil over gambling regulation, citing calls for rules to protect consumers and improve fiscal transparency. It also notes that Brazil’s Supreme Federal Court is examining MP 1.394/2026 in relation to restrictions on certain gambling activities.
Brazil’s fixed-odds betting ban remains in force as legal challenges proceed before the Supreme Federal Court and the measure awaits congressional consideration, according to the report. Existing operator authorisations expired on 25 October after the 30-day transition period; a suspension or lapse of the measure would not necessarily restore them automatically.
Brazil's fixed-odds betting ban remains in force while the Supreme Federal Court and Congress consider its validity, after President Luiz Inácio Lula da Silva's re-election added uncertainty to the sector's future, according to the report. Lula defeated Flávio Bolsonaro with 51.8% of the vote against just over 48%, according to official results. The victory strengthens Lula politically but does not by itself resolve the legal battle or make the prohibition a permanent rule.
Brazil’s government said customers had until 23h59 on 5 October to withdraw money from betting platforms before sites and apps stop operating from 6 October under Provisional Measure No. 1,394/2026. The Finance Ministry reported that R$1.33 billion remained in accounts; banks are scheduled to return unclaimed balances from 9 to 14 October, with unresolved cases transferred to Caixa from 14 October.
Customers with money in Brazilian betting accounts had until 23h59 on 5 October to request a withdrawal, the last day for voluntary redemption before platforms stop operating. From 6 October, sites and apps cease operations under the implementation schedule of Provisional Measure No. 1,394/2026, which prohibited the exploitation, offering, intermediation and advertising of fixed-odds betting in the country.
Brazil’s Secretariat of Prizes and Betting said consumers should not pay fees or share personal or banking details in response to messages seeking payment to release betting balances. The SPA said it had received no report about the specific fraud but confirmed that Caixa Econômica Federal would handle refunds and that payment methods used by fraudsters were under investigation.
Brazil's Secretariat of Prizes and Betting (SPA) has told consumers not to pay fees or provide personal or banking details in response to messages demanding payment to release betting balances, the regulator said. The SPA said it had not received reports about the specific fraud, but reiterated that no fee is foreseen for the return of funds to bettors. The return of remaining balances will be handled exclusively by Caixa Econômica Federal, according to the secretariat.
No ticket matched all six numbers in Mega-Sena contest 3.073 drawn on 22 October in São Paulo, so the estimated prize rolls to R$230m for the next draw on Sunday 25 October. The previous estimate was R$206.4m. If paid in full, it would be the second-largest regular Mega-Sena prize, behind R$317.8m shared in October 2022.
No ticket matched all six numbers in Mega-Sena contest 3.073, drawn on 22 October in São Paulo, so the estimated prize for the next draw rises to R$230m. The next draw is scheduled for Sunday 25 October, also in São Paulo.