Brazilian lawmaker proposes banning fixed-odds betting nationwide
Brazilian deputy Pedro Uczai proposed bill PL-1808/2026 to prohibit fixed-odds betting across the country. The proposal would repeal provisions underpinning the market, while the National Association of Games and Lotteries opposed a ban on regulated betting. The report says 79 licensed companies generated R$37bn in gross gaming revenue in their first full year.
The proposed ban could repeal provisions underpinning Brazil’s betting market, which licensed companies oppose.