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Brazilian president bans fixed-odds betting under provisional measure

Regulation

Brazil’s president issued Provisional Measure No. 1,394 on 25 September, prohibiting fixed-odds betting operations, offerings, intermediation and advertising nationwide, according to the report. The measure also covers states and the Federal District and orders existing authorisations to end within 30 days.

The measure would end existing authorisations and prohibit fixed-odds betting across Brazil.

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