Weliton Prado proposes fixed-odds betting ban in Brazil
By SectorWire desk ·
Summary
Federal deputy Weliton Prado introduced bill 5.280/2026 to prohibit fixed-odds betting across Brazil. The proposal would impose prison terms of six to 16 years for operating betting. If enacted, it would give authorised operators 180 days to cease activity and require full customer balance refunds within 60 days of publication.
Why it matters
If enacted, the bill would require authorised operators to cease activity within 180 days and refund customer balances within 60.