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Caixa consults lottery retailers on proposed Lotofácil prize changes

Regulation

Caixa Econômica Federal is consulting lottery retailers on proposed changes to Lotofácil prize bands, according to the report. The proposal would halve fixed prizes for 11, 12 and 13 correct numbers, redirecting funds towards the two top prize bands; Caixa has not announced implementation.

Retailers and lottery stakeholders can assess how the proposed prize redistribution may affect Lotofácil sales and other products.

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Regulation

Brazilian lawmakers seek changes to proposed bets ban after election

Brazilian lawmakers are seeking to amend President Luiz Inácio Lula da Silva’s measure prohibiting betting, with discussions expected after the presidential election’s second round, according to reports. Proposed amendments would preserve sports betting while restricting online casinos or unauthorised operators; the deadline for amendments was extended to 13 October, and a committee is expected to be formed in November.

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