Brazilian President Luiz Inácio Lula da Silva stated he does not anticipate the National Congress overturning the country's betting platform ban. He acknowledged the measure might not eliminate illegal gambling but expects it to pass congressional scrutiny.
Summary based on reporting by Yogonet, which retains all rights to its text and images.
One email each morning with the stories that moved the betting industry — regulators, operators and market moves, summarised. Free for industry professionals.
No spam, no bonuses — just industry news. Unsubscribe any time.
Brazilian President Luiz Inácio Lula da Silva expressed doubts that Congress would overturn his government’s prohibition of fixed-odds betting. This statement was made as Provisional Measure 1,394/2026 officially entered the legislative process.
Brazilian Congress president Davi Alcolumbre has extended the deadline for lawmakers to submit amendments to the provisional measure prohibiting fixed-odds betting. This extension provides deputies and senators additional time to propose changes to the government's ban.
Colombian senator Gustavo Moreno announced plans to introduce legislation for tighter controls on online gambling. The proposed measures would include digital identity verification and limits on deposits and losses to establish a stricter regulatory framework.
Lawmakers in Argentina's Buenos Aires province have introduced a new bill to enhance online betting regulation. The proposal aims to tighten controls across identity checks, session lengths, advertising, promotions, and addressing illegal operators.
Peru’s Ministry of Foreign Trade and Tourism (Mincetur) has blocked 50 unauthorized remote gaming and sports betting platforms. These platforms were operating without the required authorization, bringing the total number of informally operating platforms blocked to 86.