Brazil Sets December Deadline for Former Betting Operators

Brazil’s Secretariat of Prizes and Betting (SPA), part of the Ministry of Finance, has introduced new requirements for companies whose betting authorizations have ended. Ordinance No. 3,005/2026, published on October 2, 2026, establishes deadlines for returning customers’ remaining funds and settling liabilities from their operating period. The rules form part of the process for closing down affected operations. Companies must submit account information through the Betting Management System (Sigap) and continue meeting outstanding responsibilities after their authorizations have ended.