Caroline De Toni proposes nationwide betting ban and 180-day licence cancellations in Brazil
By SectorWire desk ·
Summary
Congresswoman Caroline De Toni proposes outlawing fixed-odds betting across Brazil through Bill No. 5,153/2026 on 26 August 2026. The bill would end existing federal authorisations within 180 days, while barring operators from accepting further bets or deposits throughout the transition.
Why it matters
Licensed operators would have to stop accepting bets and deposits during the proposed transition and subsequently repay player balances and outstanding prizes.