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SPA and Ipea agree to develop indicators for Brazil’s fixed-odds betting market

Regulation

Brazil’s SPA and Ipea signed a technical cooperation agreement on 14 April in Brasilia to assess the socioeconomic effects of fixed-odds betting. The planned indicators will use data from Sigap, CadÚnico and RAIS to examine legal and illegal betting activity, spending, sponsorships and mental health effects.

The indicators could inform public policy and regulatory decisions on Brazil’s betting market.

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Regulation

Brazil’s PGR withholds position on fixed-odds betting measure before STF

Brazil’s deputy prosecutor-general Luiz Augusto Santos Lima said at an STF public hearing on 3 November that the prosecutor-general had not yet reviewed the case challenging the provisional measure on fixed-odds betting. Justice Luiz Fux said the court could return the issue to the legislative and executive branches, and noted that the STF would need to consider eight constitutional actions if asked to rule.

Brazil's Procuradoria-Geral da República (PGR) did not state a position on the provisional measure that banned fixed-odds betting in the country. This came at the end of a public hearing convened by Justice Luiz Fux of the Supremo Tribunal Federal (STF) on 3 November. Deputy prosecutor-general Luiz Augusto Santos Lima said the prosecutor-general had not yet reviewed the case challenging the measure.

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