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CAIXA executive urges financial safeguards for Brazil sports betting

Regulation

At a forum in Rio de Janeiro on 12 November, Loterias CAIXA executive director Juliano Fernandes Bourim said Brazil’s sports betting sector should use authorised financial and payment institutions for fraud prevention, customer checks and anti-money laundering controls. He described the market as growing and consolidating and called for cooperation to protect competition integrity.

His comments point operators towards financial-sector controls as Brazil’s betting market develops.

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Regulation

Brazil’s Supreme Federal Court schedules hearing on municipal lotteries

Brazil’s Supreme Federal Court has scheduled the ADPF 1212 case for a plenary session on 4 November, to consider challenges to municipal lotteries and betting systems. A nationwide interim order suspending municipal rules, related procurement and operating activities remains in force pending the court’s review; breaches carry daily fines.

Brazil's Supreme Federal Court (STF) has scheduled the ADPF 1212 case for a plenary session on 4 November, the court's president, minister Edson Fachin, said. The case, filed by the party Solidariedade in March 2025 and reported by minister Nunes Marques, challenges municipal laws and decrees that created lotteries, draws and betting systems. A nationwide interim order suspending municipal rules, related procurement and operating activities remains in force pending the court's review.

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