The Weekly EdgeSubscribe

Feed / Regulation

Weliton Prado proposes fixed-odds betting ban in Brazil

By The Weekly Edge desk ·

Summary

Federal deputy Weliton Prado introduced bill 5.280/2026 to prohibit fixed-odds betting across Brazil, Focus Gaming News reported. The proposal would impose prison terms of six to 16 years for operating betting. If enacted, it would give authorised operators 180 days to cease activity and require full customer balance refunds within 60 days of publication.

Why it matters

If enacted, the bill would require authorised operators to cease activity within 180 days and refund customer balances within 60.

Read the original at Focus Gaming News (ES)

EntityBrazil
TypeMarket
Entries335
Main marketsSouth Africa, India
Enforcement & compliance29
Licences & markets4
Deals & M&A32
Fines recordedBRL 4,700,000
Latest16 Oct 2026
Entity mapWeliton PradoBrazil
Entities and relations extracted from this entry and our records. Graph data

Request a correction / right of reply

ShareLinkedInX

Related entries

Same companies, regulators or market.