Caixa Econômica Federal organised a three-day delegation to Montevideo from 24 to 26 September to examine Uruguay’s betting model, according to the report. The visit took place as Brazil’s provisional measure banning betting platforms and online casinos was published; the delegation included three senior Caixa representatives.
Caixa’s study of Uruguay’s model may inform debate on public-sector management of betting in Brazil.
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Brazil’s fixed-odds betting ban remains in force as legal challenges proceed before the Supreme Federal Court and the measure awaits congressional consideration, according to the report. Existing operator authorisations expired on 25 October after the 30-day transition period; a suspension or lapse of the measure would not necessarily restore them automatically.
Brazil's fixed-odds betting ban remains in force while the Supreme Federal Court and Congress consider its validity, after President Luiz Inácio Lula da Silva's re-election added uncertainty to the sector's future, according to the report. Lula defeated Flávio Bolsonaro with 51.8% of the vote against just over 48%, according to official results. The victory strengthens Lula politically but does not by itself resolve the legal battle or make the prohibition a permanent rule.
Reportedly, Brazil's Receita Federal collected R$11.116bn from betting and gambling taxation, including Caixa lotteries, between January and September 2026. September alone contributed R$1.206bn, up 3.70% on August, in the last full month before the effects of the fixed-odds betting ban.
Brazil's Receita Federal collected R$11.116bn from the taxation of betting and gambling, including Caixa lotteries, between January and September 2026, according to the agency's revenue breakdown by economic division published on Thursday 22 October. The figure is 55.10% higher than the R$7.167bn recorded in the same period of 2025.
Brazil banned sports betting and online casino games under Provisional Measure 1.394/2026, signed by President Luiz Inácio Lula da Silva on 25 September. Authorised platforms closed from 6 October, with new deposits blocked and advertising and sponsorship prohibited. Vixio Regulatory Intelligence analysed four possible outcomes, including a permanent ban and a reopening of sports betting while online casinos stay prohibited.
Brazil banned fixed-odds sports betting and online casino games under Provisional Measure 1.394/2026, signed by President Luiz Inácio Lula da Silva on 25 September. The measure took immediate effect and is before the national Congress. Authorised platforms closed from 6 October, new deposits were blocked and advertising and sponsorship were prohibited.
Brazil’s Attorney General’s Office has asked Supreme Federal Court Minister Luiz Fux for 72 hours to address challenges by ANJL and IBJR to a provisional measure banning betting. The groups seek to suspend the measure’s effects while the court considers their claims.
Brazil's Attorney General's Office (AGU) has requested that Supreme Federal Court (STF) Minister Luiz Fux grant it 72 hours to reply to a legal challenge against the country's betting ban. Betting entities lodged the suit with the STF on Monday, seeking to overturn the provisional measure prohibiting betting that President Luiz Inácio Lula da Silva announced on Friday. The AGU says the bodies responsible need time to defend the acts and regulations at issue, and it describes the request as strictly procedural, without anticipating any position on the merits.
Brazilian President Luiz Inácio Lula da Silva ordered a halt to fixed-odds betting through a provisional measure, with authorised operators’ sites and apps due to cease activity on 6 October. Players can request withdrawals until 5 October; operators must consolidate identified customer balances on 7 and 8 October and return remaining funds through banks and financial intermediaries between 9 and 14 October. The measure excludes compensation for lost profits and investments, according to the report.