Caixa seeks to stop lottery brokerage services amid Brazilian legal dispute
Caixa Econômica Federal is seeking exclusivity over lottery brokerage services in Brazil, while courts consider whether other companies may register bets for customers at Caixa-authorised outlets. Lower court rulings have differed, and CADE’s General Superintendence opened an administrative proceeding against Caixa and the Brazilian Federation of Lottery Companies in February.
The dispute concerns whether intermediaries can continue registering lottery bets for customers through Caixa-authorised outlets.