FecomercioSP issued a technical opinion urging caution and detailed regulation as Brazil’s National Congress debates casino legalisation. The federation called for clear tax rules, oversight and assessment of social risks, and said it plans to submit its position to lawmakers reviewing the proposal.
The proposal could create a new casino market, while the federation is calling for safeguards to shape its rules.
The day’s most important stories, free. One email a day.
Texas representative Charlie Geren filed a joint resolution proposing a constitutional amendment that would let voters decide on casino gaming and sports betting on 2 November 2027. The proposal would limit casino gaming to physical premises, cap the state at 10 casinos and set a maximum tax rate of 15% of gross gaming revenue; online casino gaming is excluded.
Texas state representative Charlie Geren has filed a proposed constitutional amendment that would put casino gaming and sports betting to a statewide vote on 2 November 2027 if passed.
Brazil’s Congress president Davi Alcolumbre extended Provisional Measure 1.394/2026 by 60 days, moving its deadline for congressional approval to 4 March 2027. The measure prohibits offering, facilitating and advertising fixed-odds betting; its statutory clock pauses during the congressional recess from 23 December to 1 February.
Brazilian Congress president Davi Alcolumbre extended Provisional Measure 1.394/2026 for 60 days; the measure prohibits the operation, offering, intermediation and advertising of fixed-odds betting nationwide. A Brazilian betting industry news report calculated that the voting deadline would be 4 March 2027.
FEDBET warned on 9 November that around 80% of Romania’s authorised slot machines and gambling venues could leave the market by the end of 2026 if local councils do not adopt required decisions. The federation said 15,579 machines had valid authorisations on 1 November, down from 43,306 in March, and forecast 9,096 would remain on 1 January 2027 without new decisions.
Italy’s 2027 budget bill proposes higher PREU rates on AWP and VLT machines and extends several gambling concessions to 31 December 2029, as described in a parliamentary research dossier. The proposed AWP rate rises from 24% to 25% and the VLT rate from 8.6% to 9.6%, with an estimated additional €334 million in revenue in 2027 from the rate increases.
A New York federal judge denied Novig’s request to block state gambling enforcement, ruling on 10 November that its sports event contracts are not swaps under federal law. Separately, the CFTC has privately warned Kalshi of possible enforcement over contract filings, while the company said the issue concerned submissions for a handful of contracts and that it was addressing it.
Novig failed to secure a preliminary injunction against New York gambling enforcement, as U.S. District Judge Colleen McMahon denied its request. Separately, Kalshi has received a private warning from the CFTC about potential imminent charges relating to notification of new contracts, according to reports from Politico and Reuters.