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Brazilian deputy seeks information on fixed-odds betting ban

Regulation

Brazilian deputy Gustavo Gayer filed a request for information from Finance Minister Dario Durigan about the grounds and implementation of the measure banning fixed-odds betting. The request contains 13 questions, including queries about supporting studies, enforcement against illegal platforms and the return of users’ funds. The ministry would have to provide the information if the Chamber’s board approves the request.

The request could require the Finance Ministry to explain how the ban and related safeguards will be implemented.

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Regulation

Five Brazilian betting associations urge talks on fixed-odds betting ban

Five Brazilian betting associations called on federal authorities and Congress to revisit the fixed-odds betting ban in a joint statement released on 26 October. They said future rules should preserve regulatory progress, strengthen anti-gambling efforts and provide greater legal certainty for operators and investors.

A joint statement dated 26 October saw regulated betting operators in Brazil welcome the re-election of President Luiz Inácio Lula da Silva and press for fresh discussions on fixed-odds betting in the country. Federal authorities and the National Congress are urged in the statement to revisit the regulation identified as PM 1394/2026, which prohibited fixed-odds betting. According to the associations, any alternatives ought to preserve regulatory progress, step up anti-gambling efforts and provide operators and investors with greater legal certainty.

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