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Brazil lawmakers file 97 amendments to betting ban, seek to restore regulated market

Our write-up of a story first reported by Yogonet International

Brazil lawmakers file 97 amendments to betting ban, seek to restore regulated market

Brazilian lawmakers have submitted 97 amendments to Provisional Measure No. 1.394/2026, which bans fixed-odds betting. According to BLN Data analysis, congress is debating not whether to change the measure but how far to roll it back. By the October 13 deadline, 38 submissions arrived from 18 deputies and six senators. Five amendments were withdrawn, leaving 92 under review.

Deputy Mauricio Neves (PP-SP) tabled amendment No. 64 to replace the ban with tighter regulation under Law No. 14.790/2023. His package: restore revoked licences, extend authorisation deadlines, limit advertising to licensed brands, introduce financial audits, register technology suppliers and remove illegal ads within 48 hours. Inspection fees would fund regulatory oversight, state monopolies keep their protection. His argument is that demand is moving to operators 'who do not comply with requirements for identification, protection of minors and prevention of money laundering'.

Deputy Bebeto (PP-RJ) estimates unlicensed platforms hold 44% of the market. Each five-year licence cost R$30 million ($5.9 million). Deputy Captain Alden (PL-BA) wants proportional refunds of licence fees indexed to the Selic rate, while Julio Arcoverde (PP-PI) opposes any compensation. Marcos Braz (PSDB-RJ) proposes to honour existing shirt and stadium sponsorship contracts for up to 24 months.

Some legislators back keeping sports betting while banning casino games — a position supported by Senator Flávio Bolsonaro (PL-RJ). Nine amendments propose redirecting seized funds to healthcare, addiction treatment and sport. The joint committee appointed on September 30 has not yet been formed. The measure will start blocking the congressional agenda on November 9 and expires on November 23 unless extended for 60 days. Little progress is expected before the presidential runoff on October 25.

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