Brazil’s betting ban: what the reversal means for the iGaming industry

In this article, iGaming developer Wazdan examines the implications of Brazil’s fixed-odds betting ban for regulatory stability, player protection and the future of the country’s betting market, highlighting the challenges facing operators and suppliers as the industry navigates renewed uncertainty. Brazil’s decision to prohibit fixed-odds betting marks a major shift for the international iGaming industry. Signed on September 25, 2026, Provisional Measure No. 1,394 covers sports betting and online games, reversing the country’s approach to a regulated market. Other lottery categories authorised by law remain outside its scope. The financial consequences are already emerging.