Can Brazil’s betting industry win back the responsible gambling narrative?

Narrative and credibility will be decisive for the market's future as the STF and Congress weigh the effects of the ban, writes Stellar Gaming director Fellipe Fraga In an exclusive op-ed for NEXT.io , Stellar Gaming director of business and institutional relations Fellipe Fraga says Brazil’s regulated gambling industry created an open goal for anyone prepared to take a shot. Brazil banned fixed-odds betting and online gaming through Provisional Measure (MP) 1,394/2026 on 25 September. A month later, on the day of the presidential runoff, the federal licences of 85 operators expired.