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Lula proposes ending digital betting in Brazil

Regulation

Brazilian President Luiz Inácio Lula da Silva called for an end to the country’s betting industry at a campaign event in Rio de Janeiro on 23 September. The report says the government is weighing options ranging from tighter advertising controls to a full ban, while football representatives warn of financial effects; 13 Série A clubs have betting companies as principal shirt sponsors, with estimated exposure of about R$1bn.

A proposed ban could affect betting operators and football clubs that rely on sponsorship revenue.

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Regulation

Brazil finance minister says betting suspension will require 2027 budget adjustment

Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.

Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.

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