Alcolumbre Extends MP Banning Bets in Brazil for 60 Days
The bets Provisional Measure received 99 amendments and faces challenges in the Supreme Court before a vote in Congress.
TL;DR
- The validity of Provisional Measure (MP) 1.394/2026, which prohibits fixed-odds betting in Brazil, has been extended by 60 days.
- The extension was granted by the President of the National Congress, Davi Alcolumbre, allowing more time for parliamentary deliberation.
- The MP, issued by President Lula da Silva, bans the operation, offering, intermediation, and advertising of fixed-odds betting, including sports betting and online games.
- The measure also mandates the closure of existing authorizations, removal of platforms, and refund of player funds.
- The MP has received 99 amendments and entered an urgent regime, highlighting the need for legislative analysis.
- The prohibition faces judicial questioning, with the Supreme Court Justice Luiz Fux suspending lower court actions to avoid divergent decisions.
- A public hearing was held to gather opinions from government, the betting sector, football clubs, and health professionals.
- The executive branch argues the ban reduces debt and family health damage, while the sports sector warns of financial losses and potential illegal market growth.