Brazil sports betting: Bolsonaro fails to sign regulations

Brazil's senate passed a law to legalise fixed-odds sports betting four years ago. The government was given two years to create and sign off on regulations. With the extensions, the final deadline was 12 December, 2022.

The outgoing president has not signed the regulations into law. This means that the plans for regulated sports betting in Brazil are back to square one. International operators licensed elsewhere will continue to be tolerated. Brazil-based businesses will not be able to operate.

Brazil's legislature is considering a law to create a Health Lottery and Tourism Lotteries. It remains to be seen what impact this will have on internationally regulated operators offering sports betting in Brazil. Brazil also appears set to regulate a wide range of gaming products, including online casino.