Lula Administration Threatens Shutdown of Brazil Betting Sector
Brazil's Lula administration again threatened to shut down the country's online betting sector on September 17-18, 2026, creating immediate uncertainty for regulated operators.
Brazil's Lula administration again threatened to shut down the country's online betting sector on September 17-18, 2026, creating immediate uncertainty for regulated operators.
Brazil's SPA suspended 14 betting sites from Pixbet and five other licensed operators over Sigap reporting and responsible-gambling failures on August 14.
Brazil's Senate is weighing four betting bills at once, from Senator Camilo Santana's R$80 deposit cap to a bill that would ban fixed-odds wagering outright.
Brazil has enacted Decree 13,033, letting authorities freeze and seize illegal betting operators' funds within 24 hours as its regulated market turns one.
Around 80 operators now hold a federal Brazilian betting licence in 2026, under a regime charging a R$30 million fee and a 13% GGR tax rising to 15% by 2028.