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Caixa Loterias analyses Uruguay's state betting model amid Brazil ban

Regulation

Caixa Loterias executives visited Uruguay from 24 to 26 September to discuss its state-controlled fixed-odds betting system with the national lotteries directorate. Brazil's Provisional Measure 1.394/2026 prohibits fixed-odds betting operations, offers, intermediation and advertising. No official decision has been announced to give Caixa exclusive betting rights, and a state monopoly would require legislative change.

The visit offers no confirmation that Brazil will replace its licensing market with a state betting monopoly.

End-of-day close Playtech (PTEC), GBp, to 12 November 2026
Story date29 September 202612 November 2026

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Caixa delays sports betting platform launch to 2027 as TCU seeks explanations

Caixa Econômica Federal has deferred its planned sports betting platform launch in Brazil to 2027, and has not guaranteed the project will resume, according to the report. Caixa Loterias paid R$30 million for federal authorisation, which permits sports betting and online games under three brands. The TCU is monitoring the delay and ordered Caixa Loterias to provide a timetable; the supplied text ends before giving the response deadline.

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