Brazil Bans Online Betting Before Election, Keeps $492M in Licensing Fees

Brazil banned sports betting and online casino games on Sept. 25, nine days before the first round of its presidential election. The decision ends a licensed market that opened in January 2025; the government is nevertheless keeping the $492 million (R$2.55 billion) operators paid for their licenses. A Seismic iGaming Change Just Before Presidential Vote […]