Brazil weighs fixed-odds betting ban as illegal market remains 38% to 44%
A commentary published on 22 September said Brazil’s presidential palace was preparing a provisional measure to prohibit fixed-odds betting, but the proposal was not confirmed as a decision. It cited LCA estimates that illegal operators account for 38% to 44% of the market, down from 41% to 51% in 2025, and argued that a ban could push consumers towards unlicensed sites.
A proposed ban could alter licensed operators’ market access and increase the risk of customers moving to illegal platforms.