Caixa president Carlos Vieira said the bank plans to begin operating its online betting platform in late November. He forecast revenue of between R$2bn and R$2.5bn from betting in 2026; the report also reports that a federal ministry secretariat authorised Caixa Loterias to offer fixed-odds betting in July.
Caixa’s planned entry would bring a publicly owned bank into Brazil’s online betting market.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| Pixbet | Not stated | Brazil authorises Pixbet to rename Flabet as Ganheibet | Not stated | |
| Pixbet | Not stated | SPA-MF approves Pixbet brand change from Flabet to Ganheibet | Not stated | |
| C3B Gaming Group, MC Games | Not stated | C3B launches PlayBet as its second Brazilian betting brand | Not stated | |
| TQJ, OpenBet | Not stated | TQJ launches Bet do Milhão betting brand in Brazil | Not stated | |
| Logame do Brasil, Sortenabet Gaming Brasil | Not stated | SPA restores licences for Logame and Sortenabet in Brazil | Not stated |
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Brazilian President Luiz Inácio Lula da Silva requested a meeting with Caixa Econômica Federal president Carlos Vieira to discuss the bank’s planned sports betting platform. A lawyer cited in the report said Caixa Loterias received authorisation from the Ministry of Finance’s Secretariat of Prizes and Betting on 30 July; the year is not specified.
Caixa Econômica Federal reportedly sent three executives to Montevideo from 24 to 26 September to examine Uruguay’s state-run fixed-odds betting model. The visit followed Caixa’s decision to defer its planned Brazilian betting platform from 2026 to 2027, or possibly abandon it; the institution had paid R$30 million for an operating authorisation.
CAIXA Loterias reported BRL5.97bn in lottery revenue for January to March 2026, up 8.4% year on year. It said BRL3.2bn went to legally designated beneficiaries, equal to 53.1% of revenue for the quarter.
Caixa president Carlos Vieira was due to discuss the bank’s planned betting platform with President Luiz Inácio Lula da Silva, as the project faced opposition from Lula and ministers. Caixa planned to announce the platform in 2025 and begin operations the following year, with Playtech as its partner; the project targeted R$2.5 billion in revenue in 2026. The report also reports that the TCU identified R$3.7 billion in transfers from Bolsa Família beneficiary households to betting sites in January 2025.
Brazilian President Luiz Inácio Lula da Silva is expected to discuss Caixa’s proposed betting platform with bank president Carlos Vieira the following week, the report said. The project’s future remained undecided, while the bank reportedly expected its planned 2025 announcement and 2026 launch to be delayed.