Brazil adds restrictions on prediction markets
The government of Brazil has announced that prediction market contracts connected to sports, politics, and entertainment will be banned effective May 4, 2026.The...
Brazil
President Lula to introduce decree targeting online betting
Brazil’s Federal Government has announced plans to publish a presidential decree that would target online betting and add new restrictions to iGaming in the country.The...
Brazil files new bill to prohibit online gambling
The ruling party of Brazil, the Workers’ Party (PT), has submitted a new bill to Congress, proposing to fully prohibit online gambling in the country.The proposal was...
Daniele Cardoso becomes permanent leader of SPA
On March 23, 2026, the Minister of Finance of Brazil, Dario Durigan, announced that Daniele Cardoso will permanently take on the role of the leader of the Secretariat of...
Brazil introduces bill to ban digital betting ads
Congresswoman Tabata Amaral has introduced a new bill called Bill 1172/2026, which aims to amend the rules of Law No. 14.790/2023 to fully ban digital exposure for betting...
Kalshi partners with XP to launch Brazil prediction market
Kalshi has established a partnership with Brazilian brokerage firm XP International to launch its prediction market in the country, which will be the operator’s first...
Brazil industry hits back at President’s urge to ban iGaming
The President of Brazil, Luiz Inácio Lula da Silva, is facing criticism from the licensed gambling industry after urging the government to ban online gambling in the country....
Brazil removes 15% deposit tax from Antifaction Bill
Brazil’s Chamber of Deputies removed Article 14 from the Antifaction Bill, which was approved on February 24, 2026, eliminating the 15% proposed tax on deposits made to...
Brazil approves B3 to launch the first prediction market
The Brazilian Securities and Exchange Commission (CVM) has approved B3 to launch the country’s first prediction market for professional investors.B3 plans to launch in...
