Rio Lottery chief: Black market migration ‘could escalate to incalculable proportions’

Fabíola Esteves explains how Rio de Janeiro’s state lottery plans to move forward after losing its fixed-odds licensing business Brazil’s ban on fixed-odds betting did not only take federally licensed operators offline. Provisional Measure (MP) 1.394 , in force since 25 September, also ended the betting authorisations issued by Brazil’s states, which have been allowed to run their own lotteries since a 2020 Supreme Court (STF) ruling. Rio de Janeiro’s state lottery, Loterj, was the most active of them, licensing sports betting and online casino brands to operate nationwide since 2023, until the Supreme Court ordered it to suspend operators…