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Brazil’s sports ministry updates eligible sports for fixed-odds betting

Regulation

Brazil’s Ministry of Sport updated the sports eligible for fixed-odds betting under Ordinance MESP No. 27, published on 7 April. The rules include esports where game developers authorise competitions and they are not exclusive to one betting company, while excluding youth competitions involving minors.

Betting platforms must follow the updated eligible-sports list and the new conditions for esports competitions.

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Regulation

Brazil’s Luiz Fux voices support for banning fixed-odds betting

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.

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