IBDRE questions Brazil’s fixed-odds betting ban
The Brazilian Institute of Regulatory Law (IBDRE) criticised Provisional Measure 1.394/2026, which bars fixed-odds betting activities and advertising in Brazil. The institute said the measure ends existing authorisations without reimbursing R$30 million grants or compensating investment, and called for impact studies and a transition period; Congress must still review it.
The measure’s treatment of authorisations and grants affects operators’ ability to continue in Brazil and recover their costs.