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Lula has won another term. Brazil’s betting ban still has to survive Congress and the courts. For operators, the fight now centers on whether prohibition becomes permanent – and what, if anything, can be salvaged…
Brazilian legal expert, Global Gaming Insider contributor and Montgomery Founding Partner Neil Montgomery explores the outlook for Brazilian gaming in the wake of Lula's re-election...
A São Paulo judge acted on a suit from the Attorney General’s Office after the operators missed a reimbursement deadline.
The institute says the ban on fixed-odds betting could redirect demand to illegal operators and remove protections for bettors.
Kalshi and Polymarket favored Flávio Bolsonaro before counting began, but their prices shifted toward Lula as votes were tallied. Brazil’s president won despite entering election day as an underdog on both platforms.
Today is a big day for Brazil. But Lula's re-election as the nation's President is bad news for the industry... which has just under a month to launch a full-scale opposition to the online betting ban before congressional deliberation.
The company emphasizes its dismay at the country's betting ban following the results of the latest presidential election.
The president won 51.79% of valid votes, while the provisional ban that closed Brazil's regulated fixed-odds betting market still faces a congressional decision.
Between September 25 and October 9, 2026, Brazilian authorities targeted 16,627 gambling-related websites for blocking and requested the removal of 3,691 social media and messaging pages.
Progressive voices and small businesses have welcomed Brazil’s betting advertising ban, while the sector faces financial uncertainty.
