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Romanian committee revokes Power Soft Tech fixed-odds betting licence

Enforcement & compliance1 min read

Source: ONJN (Romania)

Romania’s Supervisory Committee revoked Power Soft Tech S.R.L.’s fixed-odds betting organisation licence in decision 765, dated 21 October 2026. The licence had been valid from 1 November 2024.

Power Soft Tech S.R.L. lost its licence to organise fixed-odds betting under Supervisory Committee decision 765/21.10.2026; the licence had been valid from 01.11.2024.

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Regulation

Brazil extends fixed-odds betting ban by 60 days

Brazil’s Congress has extended Provisional Measure 1.394/2026 by 60 days, keeping its ban on fixed-odds betting activities and advertising in force while lawmakers consider the measure. Congress president Davi Alcolumbre signed the extension, published on 11 November; the deadline for completing consideration is 4 March 2027. The joint committee assigned to examine the measure has not yet begun work, and 99 amendments remain pending.

Brazil’s Congress has extended Provisional Measure 1.394/2026 for 60 days, keeping its ban on fixed-odds betting operations and advertising in force. The measure also prohibits the offering and intermediation of fixed-odds bets. Congress president Davi Alcolumbre signed the extension, which was published on 11 November.

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