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Latin American elections could shape gambling policy in Brazil, Peru and Colombia

Regulation

Elections scheduled in Peru, Colombia and Brazil could affect gambling policy in those markets, with sector representatives favouring administrations they consider more supportive of gambling businesses. Brazil’s President Luiz Inácio Lula da Silva approved a gradual tax increase to 15% of gross gaming revenue from 2028, while a proposed tax on deposits was removed from the government’s bill.

Election outcomes could influence gambling taxes and the legal framework operators face in three Latin American markets.

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Regulation

Brazil’s justice ministry classifies betting ban documents as secret for five years

Brazil’s Ministry of Justice and Public Security classified documents underlying Provisional Measure 1,394/2026 as secret for five years. The measure prohibits online betting activity and advertising in Brazil; the ministry cited risks to public safety and financial stability, while the presidential chief of staff separately invoked lawyer-client confidentiality to deny access. Betting-industry executive Fellipe Fraga expressed concern about the secrecy.

Brazil's Ministry of Justice and Public Security classified as secret for five years the documents underpinning Provisional Measure 1,394/2026, which prohibited the operation, offering, intermediation and advertising of online betting in Brazil. The classification term was signed on 24 September, a day before the measure was issued. A request for access to the material under the Access to Information Law was refused because of the secrecy, according to the report.

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