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Vikki Goodwin backs Texas referendum on gambling

Regulation

Texas lieutenant governor-elect Vikki Goodwin said she prefers a referendum over legislation to decide whether to legalise gambling in the state, while remaining open to lawmakers' proposals. She also said some regulation of prediction markets may be warranted, citing concerns she had heard about their accessibility and appeal to young people.

A referendum could shape Texas gambling policy, while any new prediction-market rules could affect that sector.

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Regulation

Brazil's Congress extends nationwide betting ban for 60 days

Brazil's National Congress reportedly extended the provisional measure imposing a nationwide betting ban for 60 days, with the new period starting on 24 November. Congress President Davi Alcolumbre signed Act No. 118; lawmakers have until 4 March 2027 to make the restrictions permanent, which requires approval by both chambers. A joint committee to examine the measure has not yet been established.

Brazil’s National Congress has prolonged the nationwide betting ban by 60 days, leaving lawmakers until 4 March 2027 to decide whether it should become permanent. Congress President Davi Alcolumbre signed Act No. 118 to extend the provisional measure that introduced the ban.

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