Brazilian officials fear the Supreme Court could overturn the betting ban this week, as billions in bettor funds remain locked in platforms awaiting a ruling from Justice Luiz Fux.
Smaller confederations warn the loss comes just as they ramp up preparation for Los Angeles 2028.
Election now heads into run-off, as Bolsonaro takes surprise 47% share of votes.
According to attorney Daniel Wallach, the ruling creates an ‘intra-circuit split’ with a decision previously handed down in Wisconsin, which is currently on appeal to the Seventh Circuit.
Nicole Saharsky, Partner at Mayer Brown law firm, wrote to Clerk Molly Dwyer on October 2 and cited rulings recently handed down in the Sixth and Ninth Circuit Courts.
The state’s mobile betting operations accounted for just over $46.4m of the total revenue for August and decreased 19%, while retail betting drove $722,302 and fell 23.1% year-over-year.
Betby’s Chief Commercial Officer, Chris Nikolopoulos, overviews the supplier's new SlotBets product at SBC Lisbon.
Congressman Marcos Braz has proposed a two-year transition period to remove betting advertising from football, while also suggesting restrictions on online casinos and certain types of sports bets.
Brazil’s broadcasters’ association has challenged the Government's betting ban, arguing that the measure creates legal uncertainty.
Brazil’s President has doubled down on his push to end online betting, challenging lawmakers to reject the provisional measure now before Congress.