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IBJR and ABRAJOGO criticise Brazil’s fixed-odds betting ban

Regulation

IBJR and ABRAJOGO criticised Brazil’s provisional measure banning fixed-odds betting, saying it conflicts with the federal regulatory framework and creates uncertainty for authorised businesses. IBJR cited estimates of R$58bn to R$73bn in lost tax revenue from 2027 to 2030 and said government liability for licences alone could reach at least R$2.55bn. Both associations called for dialogue and stronger regulation instead of a ban.

The associations’ objections raise potential legal and financial exposure for authorised operators and the federal government.

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Regulation

Five Brazilian betting associations urge talks on fixed-odds betting ban

Five Brazilian betting associations called on federal authorities and Congress to revisit the fixed-odds betting ban in a joint statement released on 26 October. They said future rules should preserve regulatory progress, strengthen anti-gambling efforts and provide greater legal certainty for operators and investors.

A joint statement dated 26 October saw regulated betting operators in Brazil welcome the re-election of President Luiz Inácio Lula da Silva and press for fresh discussions on fixed-odds betting in the country. Federal authorities and the National Congress are urged in the statement to revisit the regulation identified as PM 1394/2026, which prohibited fixed-odds betting. According to the associations, any alternatives ought to preserve regulatory progress, step up anti-gambling efforts and provide operators and investors with greater legal certainty.

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