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Brazilian SPA bars Novo Desenrola beneficiaries from fixed-odds betting

Regulation

Brazil’s Secretariat of Prizes and Betting amended its rules to prohibit beneficiaries of the Novo Desenrola Brasil debt programme from taking part in fixed-odds betting when their new credit contract is guaranteed by the Fundo de Garantia de Operações. The restriction took effect under an order published on 5 May 2026. The SPA said it would issue a further act setting technical requirements, deadlines and an adaptation period for operators.

The restriction adds a new class of users operators must exclude from fixed-odds betting.

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Regulation

Brazilian measure bars fixed-odds betting and related sponsorships

Brazil’s Provisional Measure 1.394/2026 prohibits fixed-odds betting and related advertising, marketing and sponsorship, according to an opinion article. It requires advertising and sponsorship materials to be removed within ten days of publication and operators’ existing authorisations to end after 30 days. The article says the changes raise questions about existing commercial contracts.

Brazil's Provisional Measure 1.394 of 25 September 2026 prohibits fixed-odds betting in the country, according to an opinion article. The article was written by Marcos Paulo de Castro Pereira, a lawyer at Ciscato Advogados Associados.

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