Brazil's betting ban faces questions over tax revenue, jobs and illegal gambling at Supreme Court hearing

Brazil’s Supreme Federal Court (STF) heard opposing arguments on the government’s ban on fixed-odds betting during a public hearing on Tuesday (3 November) , with industry representatives, sports organisations and government officials debating its economic and legal implications. Provisional Measure (MP) 1.394/2026 , signed by President Luiz Inácio Lula da Silva on 25 September, abolished Brazil’s regulated betting market and faces eight constitutional challenges. Justice Luiz Fux, who presided over the hearing, has not set a deadline for a ruling.