Brazilian provisional measure ends betting authorisations for 85 companies
Brazil’s Provisional Measure 1,394/2026 ordered the termination of betting authorisations held by 85 companies within 30 days, according to the report. It also required operators to remove sites, apps, advertising and sponsorship signs within ten days, without compensation for the authorisations. Flutter said the suspension in Brazil through the end of 2026 could reduce revenue by about US$70 million and adjusted EBITDA by US$20 million.
Operators and suppliers face a short withdrawal timetable, while the measure removes authorisations granted for five years.