Key points
- Provisional Measure 1,394, signed by President Lula on 25 September 2026, bans online and physical fixed-odds betting and online casino in Brazil.
- All authorisations under Law 14.790 end on 25 October, the day of the presidential run-off, with no refund of the BRL 30 million fee.
- Flutter Entertainment estimates a $70 million revenue hit in 2026 if the ban stays.
- Congress has 60 days, extendable once by 60, to convert the measure into law or let it lapse.
The Brazil betting ban has closed the country’s regulated market. Provisional Measure (MP) 1,394, issued by President Luiz Inacio Lula da Silva on 25 September 2026, bans fixed-odds betting and online casino, and sites went offline on 6 October. Operators must now choose between leaving and waiting for Congress or the courts, iGamingFuture reported on 12 October.
What the Brazil betting ban covers
The measure bars operating, intermediating and advertising fixed-odds betting, online or physical, including by operators based abroad, according to Gambling Law Index’s breakdown of the text. It revokes most of Law 14.790/2023 and ends the authorisations granted under it on 25 October.
Each authorisation cost BRL 30 million. Article 4 of the measure rules out any refund of the fee or compensation, and the Agencia Brasil count cited by the same source is 85 paid authorisations worth BRL 2.55 billion. Open bets are void and stakes must be returned to players.
Stake injunction in court
Stake won a partial preliminary injunction from Federal Judge Cristiane Farias Rodrigues dos Santos of the 9th Federal Civil Court in Sao Paulo, allowing it to resume operations until 25 October, Covers reported on 9 October. The injunction carries 12 conditions, including limits on advertising.
iGamingFuture reported that a higher federal court later quashed the ruling at the request of the solicitor general (AGU), which argued that one operator staying live undermined the ban. That reversal was not confirmed in other coverage at the time of writing. Trade groups ANJL and IBJR have also asked the Supreme Federal Court (STF) to suspend the measure.
Operators weigh exit
Flutter Entertainment said on 28 September it expects to lose $70 million (about EUR 61.5 million) in revenue and about $20 million in earnings in 2026 if the ban lasts the rest of the year, according to The Irish Times. Flutter said it was “extremely disappointed” and is reviewing options, including an appeal. Entain said 2026 earnings would sit at the lower end of its GBP 910 million to GBP 960 million forecast.
Advisers quoted by iGamingFuture favour waiting. Ricardo Bianco Rosada, founder of brmkt, urged operators to “Freeze, do not dismantle” and keep their Brazilian entities alive. Luiz Felippe Correia de Almeida, chief executive of Smart Social, said clients are moving Brazil budgets to other Latin American countries.
Next steps
The presidential run-off is on 25 October, the same day the authorisations lapse. iGamingFuture reports that Flavio Bolsonaro of the Liberal Party is seen as a possible route to rescinding the ban. Congress holds the final decision, and iGamingFuture expects a vote around February or March. If the measure lapses or is rejected, it loses effect from the start and cannot be reissued in the same legislative session.
Related coverage: Latin America news on EpicWins and iGaming regulation.
