SectorWire
SearchGet the daily briefing
Menu

Stake wins court ruling to resume operations in Brazil by 25 October

Regulation

Stake won a court ruling granting it the legal right to resume operations in Brazil by 25 October, according to a media report. The report characterised the decision as the first such victory for the licensed fixed-odds betting sector.

The ruling gives Stake a legal route to resume Brazilian operations and may inform licensed operators.

Request a correction

Keep reading

Regulation

Stake to challenge Brazil court ruling lifting betting injunction

Stake's lawyers will pursue further legal action after a Brazilian court overturned an injunction that had temporarily protected the operator from a betting ban, Udo Seckelmann of Bichara e Motta Advogados told iGaming Business. Judge Luis Antonio Johonsom di Salvo, president of the Federal Regional Court of the 3rd Region, suspended the injunction the day after it was granted. Seckelmann said two possible strategies are being assessed.

Continue reading