SiGMA Rome panellists question Brazil's betting ban and warn of gains for illegal operators

Brazil's ban on online betting came under scrutiny at SiGMA World Rome , where industry executives and regulatory experts questioned the political motivations behind the decision, warned that illegal operators could be its main beneficiaries , and discussed the prospects of restoring a regulated market. The debate took place on Tuesday, 3 November, as Brazil's Supreme Federal Court (STF) held a public hearing in Brasília to examine the consequences of Provisional Measure 1,394/2026, which prohibited fixed-odds betting and ended existing operating authorisations.