TLDR Brazil signed a measure on September 25, 2026, banning fixed-odds betting, including sports betting and online casino games. Industry groups IBJR and ABRAJOGO say the ban conflicts with the federal rules in place since January 2025. A study cited by IBJR estimates R$58 billion to R$73 billion in lost tax revenue from 2027 to 2030. IBJR puts the government’s possible liability for licenses alone at R$2.55 billion or more. ABRAJOGO says it will keep talking with officials and plans to take legal action in court.
Two gambling industry groups in Brazil have criticized the government’s decision to ban fixed-odds betting nationwide. The Brazilian Institute for Responsible Gaming (IBJR) and ABRAJOGO say the move creates legal and regulatory risks.
The measure, known as PM 1394/2026, was signed on September 25, 2026. It bans the use, promotion, mediation and marketing of fixed-odds betting, including sports betting and online casino games.
Both groups say the ban conflicts with the regulatory system the federal government set up. They argue it creates uncertainty for companies that were authorized to operate in the country.
The betting sector has been federally authorized and supervised since January 2025. The IBJR called the ban a “rupture of the regulatory structure created by the Brazilian State itself.”
IBJR Warns of Illegal Market Growth and Tax Losses
The IBJR said the ban could push consumers toward illegal betting sites. It cited a study by LCA Consultoria based on data from Instituto Locomotiva.
According to the study, between 38% and 44% of online betting already takes place on illegal platforms. That share was estimated to rise to between 41% and 51%.
The study also estimates Brazil could lose between R$58 billion and R$73 billion in tax revenue from 2027 to 2030. The final figure depends on how much