News›iGaming›Brazil Bans Online Betting Before Election, Keeps $492M in Licensing FeesPublished:Sep 28, 2026, 11:30 PM EDTBTC$84,019(+1.27%)ETH$2,711(+2.06%)Brazil Bans Online Betting Before Election, Keeps $492M in Licensing FeesBrazil 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.WRITTEN BYLuci KelemenSHAREPublished: Sep 28, 2026, 11:30 PM EDTKey TakeawaysBrazil’s Provisional Measure 1,394 bans sports betting and online casinos, with sites offline from Oct. 6.The 85 license holders get…
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